952M shares- another 43M issued for compensation, plus 12M to pay GHDC officers (the same people) and 18M for "consulting services". 38M more have been issued since the first quarter. Once again they have prepaid salaries. Poor practice if you ask me- it assumes everyone will continue to be employed and will do their job competently. Not assumptions I would make.

No revenue and nothing listed under inventory- What happened to production and those monthly shipments?

"In 2011, we completed a temporary smelter on our mill site and began shipping dore bars to a refiner on a regular basis." I smell BS.

I didn't see anything about dore inventory held by the refiner.