To consider and vote upon a proposal to effect up to a one-for-thirty reverse stock split of the Company's common stock (the "Common Stock"), subject to the discretion of the Company's Board of Directors (the "Reverse Split"). Following the Reverse Split, the authorized shares of common stock of the Company will remain unchanged from the number of shares of common stock authorized prior to the Reverse Split (2 billion). <-- this is the scary part, not reducing the authorized shares.

Source: http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001092306%2D04%2D000923%2Etxt&FilePath=%5C2004%5C12%5C06%5C&CoName=21ST+CENTURY+TECHNOLOGIES+INC&FormType=PRE+14C&RcvdDate =12%2F6%2F2004&pdf=