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iron1

09/13/12 8:00 AM

#41292 RE: Alumiman #41291

Those are authorized shares. They don't count until they are sold. If they don't use them all they can either eliminate them or buy them back. They still have 1 billion authorized that had not be sold. For some reason they need a ton of money all of a sudden. It probably don't cost 7m dollars to file bk