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Message: Re: Financial Statements milplease
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Nov 09, 2009 01:04PM

Nov 09, 2009 01:07PM
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Nov 09, 2009 02:23PM

120Mln out in 1999, so we must of had about 150 Mln auth back then, compared to 350 Mln auth today and 285 mln in float today.

That's a heck of a lot less dilution than most penny stocks that were around 10 years ago and still around as a OTCBB/PK today.

I have another penny OTCBB stk under 2 cents that has 1.5 Bln...with a B, outstanding.

Last year, before the SHM the proxy included a vote to add 50 Mln to make it 350 Mln. It passed of course, and at the mtg a guy asked why the BOD did not ask for 100 Mln...the answer from RP, "if we needed 100 Mln would would have asked for it."

That was 9/17/08, and LG settled 9/25, and the rest we know.

Many post on other boards that all EDIG does is print shares to stay in business....think again.

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