008, page-12

Don't forget the note conversions......2 of them

The amount of $150,000 has been converted into 17,045,455 shares at 0.88 cents per share,

The amount of $625,000 has been converted into 71,022,727 shares at 0.88 cents per share, representing a 20% discount to the Placement price
Total = 88,068,182

CPS took the 247 million at 1.1 and they probably have offloaded most of them for a quick profit plus
"The Company agrees to pay CPS Securities a Management Fee of 1%, plus GST and 5%, plus GST, where applicable, for all funds raised under the Placement"