MNGG is a gold mining company. The share reduction was a planned reduction from debt that was paid off from old company YTRV. AS was 10B and is now 8.5B. There is a planned debt reduction and share buy back to reduce float that is to start in Nov.. If you go to Investor Hangout MNGG board there is a sticky there from a Q&A with CEO that covers all current events. The other stickies there cover a lot of DD.