Monday, November 23, 2009

EVFL - Outstanding Shares Balloons to: 72.6 BILLION!


EVFL just filed a financial report showing it's outstanding shares as of September 30th (it is now Nov 23rd) being 72,610,842,638.  72 BILLION and change!  Now that is plain crazy. Who is to say they haven't maxed their share count out by now?

http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=26566



The outstanding shares have ballooned 3 fold since the last Pink Sheet update. Talk about giving shareholders the shaft. EVFL shareholders have just been diluted big time, don't say the guru hasn't been warning you all along.  At this rate EVFL needs to buy back 50 BILLION shares not just 10.
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November 24, 2009 at 8:32 AM

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