That doesn't refer to the O/S...it refers to the A
Post# of 40989
Quote:
The Plan anticipates that all of the issued and outstanding stock of the new On4 Communications, Inc. Colorado would be exchanged for an equal number (1 for 1) of shares and class in Hexagon Holdings Corporation (except that Steve Berman has indicated his intention to surrender to Treasury 1.4 billion of the common shares that he holds).
And as stated, the A/S will be reduced by 1 billion in Colorado. Also on page 22:
Quote:
Also on December 15,2017 Hexagon Holdings Corporation (“HHC”) was incorporated in Colorado with an authorized share capital of 4 billion common shares and 20 million Series “A” preferred shares of $0.0001 par value each.