here is were mdhi is at as of this time. the split
Post# of 1039
if you take 20mil and multiply by 800 you get 16 bil.
presplit
Quote:
The purpose of the Authorized Share Increase is to increase the authorized number of shares of Common Stock from 1,400,000,000 (One Billion Four Hundred Million) shares of Common Stock to 16,000,000,000 (Sixteen Billion) shares of Common Stock
Quote:
As of the Record Date, there were outstanding 1,360,569,304 shares of Common Stock, $0.0001 par value. Implementation of the Capital Restructure will require the issuance of 3,000,223,690 Common Stock. As a result, there will be 4,360,792,994 shares outstanding . Of these, 966,059,000 will be unrestricted and free trading in the public market. The remaining 3,460,413,103 outstanding shares will be unregistered shares and subject to selling restrictions. The Capital Restructure will not affect the outstand Series A or Series B Preferred Stock. There are currently 550,000 shares of our Series A Preferred Stock, and 13,325,000 shares of our Series B Preferred Stock outstanding.
reference source
http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9675393
postsplit
Quote:
The Board of Directors of Medical Alarm Concepts Holding, Inc., a Nevada corporation (the "Company"), has approved a reverse stock split of the Company's common stock, Preferred Series A stock and Preferred Series B stock, par value $0.0001 per share (the "Common Stock"), at a ratio of 1-for-800 (the "Reverse Stock Split"). In addition, On January 20, 2014, the Company issued a press release announcing the Reverse Stock Split
Quote:
Capitalization. As a result of the Reverse Stock Split, the Company will be authorized to issue 20,000,000 shares of Common Stock . As a result of the Reverse Stock Split, there will be approximately 5,518,541 shares of Common Stock outstanding. The Reverse Stock Split will not have any effect on the stated par value of the Common Stock. As a result of the Reverse Stock Split, there will be 20,000,000 common shares authorized. At this time there are no plans to issue shares in excess of the 5,518,541 with the additional shares being reserved for strategic acquisitions, employee retention and recruitment, or for issuances relating to fund raising activities to ensure the Company's current robust growth rate can be maintained.
reference source
http://www.tmcnet.com/usubmit/2014/02/20/7686868.htm
1,207,574 in the float . if you want the exact amount it is 1,207,573.75 in the float.