The Branded Cattle/Catalyst That Never Gets Old Just Remember: Anyone wanting to keep track of how many shares of Algernon Pharmaceuticals have been diluted by Moreau - simply take the current outstanding shares and multiply it by 2 (Two). That is the complete representation of true shares issued when you factor in both the 2 to 1 & 100 to 1 Reverse Splits under Moreau's reign. Thus, Moreau has issued upwards of 500,000,000 shares (Five Hundred Million) to date, not including fire sale warrants. I think you still have an offering on the table in Canada to raise money for the "parent" company. You also have the Camouflaged Dilution Deal to raise 10M USD for the "subsidiary" company. When you put the two companies together with combined shares, Moreau will have diluted the entire company by 1,200,000,000 (One Billion Two Hundred Thousand) outstanding shares, not including fire sale warrants. ^That's the full picture you are facing moving forward, if not actually backwards < > ?