RE: BrucrewWR, with your recent posting history, I take less and less of what you say seriously.
My point is, where is this officially stated that it did happen? Nowhere! Just like every company is authorized to put out far many more shares than it ever will, this authorization you're talking about is just a red herring.
Stop being a hemorroid on this board!! I'm not enamored with the lack of news and the production screw-ups either but I'm not making a big deal of this on the boards. For someone who has only 5000 shares, you seem to have an inordinate interest in this stock. You're probably just bashing it to keep the price down(which you probably don't need to do right now, lol).
Either that or you have a personal axe to grind with someone in management(are you one of the ones who got dismissed?). Either way, if you keep posting these specious arguments, I will put you on ignore as many others probably have already. Not a choice i like to make but I don't enjoy reading the BS tripe either. It wastes my and other's time.