There was a planned reduction in shares and unplanned acquisitions going on in parallel. The net outstanding shares never got below 499m and that was the number reported by the company and what was given out in the press release. The company never stated the OS got below that. The TA reports the day by day certificate count which does not always include shares that the company had issued but the TA hasn't issued. Sometimes when the company issues shares it can take as long as a couple of months for all of the appropriate paperwork and legal opinions needed for the TA to actually print the cert.
When the reduction and acquisitions were announced the company didn't report the numbers separately but did state that there was a reduction and issuances with a net reduction to 499m. That was the lowest number reported by NanoTech because the issuances had been approved by the board and contracts signed. Any reports of OS lower than 499m were not by the company and if asked the above information would have been provided to explain the difference.
NanoTech always reports the true net shares taking into consideration any outstanding obligations so that the numbers reported give an accurate position of the entire business situation. If the day by day numbers of the TA are lower then it just means there is something in flux. What you will notice and is important is the TA never reports an OS higher.
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