D, after refreshing my memory to the situation, I don't believe it 's possible to completely reconcile the share count. In a 10 K/A filing dated 5/2/11 the stock outstanding was listed as 135,500,000, and that number appeared to me to be fully diluted. Later on(3/30/12) in a 13G/A filing of Zdarsky's the count is listed as 156,480,848. I don't know how it got to the 300 million today, but it might have something to do with the Manchester, Sam LLC, and JGB stuff. Looking over that filing again for myself I'm quite sure those exchange notes due at the beginning of this year could be converted into stock. Now it appeared they were banking on a sale in that filing, but it's clear that didn't happen. And even though four months later Zdarsky's filing shows 156 million shares, about a month later(4/27/12) Ironridge's 13G shows they assumed 300 million. We just won't really know until the late filings come out. Ultimately this doesn't matter now, as I think we may be on a fast track to success, but it just galls me that the share count ballooned like that.
P.S. - There was talk over on Ragingbull at the time about a group getting together to try and buy the notes, but I don't know if anything ever came of it.
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