Ann: Consolidation/Split - BAS, page-29

u have exactly the same percentage ownership of the company. So the number of shares is irrelevant except for them being more liquid now.

Someone got an awfully large number of shares at the equivalent of .045 with some bonus options. So there may be just over 20 million shares left to be absorbed by us. The company is worth over .120 a share in oil reserves but many oil companies are generally trading at half value. The 20 million shares may push it towards .045 or below for a while, unless we gets lots of nice announcements.