The facts?

Outstanding Shares:  411,948,218

Fully Diluated:  472,530,090 

Fully diluated includes PRE warrants:  42,857,142 exercisable at .60 cents and stock options with a weighted average of $1.32.  I do not believe we would mind have a float of 472M shares if the share price was such to motivate the exercise of the warrants and the options.

So let's stick to the facts:  412M shares.  Not 500M shares.

M1.