The share structure updated to OTC Markets is incorrect according to the AERS annual and quarterly reports recently submitted. The iBox shows the progression as reported.
Bill Luxon updated the O/S as of 3/31/2012 as being 119,098,002 on the company information page. However, the annual and quarterly reports show higher numbers.
Shares Outstanding a/o Dec 31, 2011 = 126,874,830 Shares Outstanding a/o Mar 31, 2012 = 138,364,358
P. 2 of the annual report shows the same number as P. 11, but P. 2 of the quarterly report shows the number reported to OTC Markets, which is lower than the number the same report shows on P. 11.
* The O/S reported to OTC Markets is substantially less than reported in the last two financial reports.
The good thing is that this kind of P&D action on a company that puts out blatantly false financial statements and press releases might finally attract the attention of the SEC.