SOLI man could not have wished for a better update, CAPITALIZATION. Immediately prior to Closing, the authorized capital common stock of Buyer will consist of 300,000,000 shares of common stock, of which 116,082,890 are issued and outstanding . The outstanding shares have been duly authorized and validly issued in compliance with applicable laws, and are fully paid and nonassessable. The issued and outstanding shares of Buyer common stock are owned by approximately 500 public shareholders with majority control held by Charles Scott.
Authorized Shares
300,000,000
02/12/2019
Outstanding Shares
116,410,890
02/12/2019
Restricted
67,323,890
02/12/2019
Unrestricted
49,087,000
02/12/2019 so no r/s split, no increase in SS in any way, Scott turns over a few shares and $1milly cash and deal is done , Fantastic SOLI SEC 8K link https://www.otcmarkets.com/filing/html?id=132...H--xIduDth