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  4. Wearable Health Solutions, Inc (WHSI) Message Board

here is were mdhi is at as of this time. the split

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Post# of 1039
Posted On: 02/22/2014 9:34:43 PM
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Posted By: john1234
here is were mdhi is at as of this time. the split that was done is on the new share structure of 16bil shares outstanding.

 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



now if we take the 966,059,000 and divide that by 800 that leaves
1,207,574 in the float . if you want the exact amount it is 1,207,573.75 in the float.


now with this said once the r/s is final it wont take much to lock up the float here.jmo



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