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Message: Re: Wolf...Verlon/darn1

Apr 03, 2007 09:21AM

Apr 03, 2007 11:04AM

Apr 03, 2007 11:30AM

Apr 03, 2007 11:49AM

Apr 03, 2007 12:43PM

Apr 03, 2007 02:44PM

This is from the last 10Q.(below)  Note: Common stock authorized 500,000,000 shares.  I don't think we have burned through all those yet have we? One never knows for sure. I don't see where they have requested any more in the proxy.                                                     The 53 million mentioned by Verlon on page 19 should come out(be issued) of that total right? There are currently 384+/-million outstanding, with 389+/- million issued, so there are still some available to issue, it would appear. Corrections welcome.

Stockholders’ equity:
             
Preferred stock, $0.00001 par value; 5,000,000 shares authorized:
none outstanding
   
   
 
Common stock, $0.00001 par value: 500,000,000 shares authorized:
389,197,145 shares issued and 384,322,318 shares outstanding and
366,199,765 shares issued and outstanding
   
3,892
   
3,661
 
Additional paid-in capital
   
71,423,026
   
69,551,981
 
Accumulated deficit
   
(54,619,816
)
 
(58,728,091
)
Common stock held in treasury, at cost - 4,874,827 shares and no shares
as of November 30, 2006 and May 31, 2006, respectively
   
(4,024,395
)
 
 
Total stockholders’ equity
   
12,782,707
   
10,827,551
 
               
   
$
23,750,911
 
$
12,071,667
 

Apr 04, 2007 05:20AM

Apr 05, 2007 07:03AM
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