Can you confirm that with a link or a filing? The latest update on OTCMarkets, which is THE reporting agency for these important details, lists this information (as derived from published financials): TIA.
http://www.otcmarkets.com/stock/PNCH/company-info
PNCH Security Details
Share Structure
| Market Value 1 |
$632,087 |
a/o Jan 14, 2014 |
| Shares Outstanding |
3,160,433,287 |
a/o Nov 18, 2013 |
| Float |
900,000,000 |
a/o Jul 04, 2013 |
| Authorized Shares |
4,000,000,000 |
a/o Jul 04, 2013 |
| Par Value |
No Par Value |
Shareholders
| Shareholders of Record |
259 |
a/o Apr 15, 2013 |