March 14, 2006
1) No company should be allowed to reverse split more than once in a 3 year period.
2) No company should be allowed to raise the authorized share count more than once in a 3 year period.
3) No company should be allowed to raise the outstanding share count more than once a year.
4) No company should be allowed to raise the outstanding share count more than 200%.
5) The authorized share count should not exceed 4 billion shares.
6) The quarterly filings (10Q etc.) should include any hidden dilution that are found in these typical filings: SB-2, REGDEX, 1-E, 2-E, etc. In other words an accurate outstanding share count must be in the quarterly.
7) All promotions must be filed or in a pr stating who is promoting how they are paid, via cash or shares.