Share Structure as at July 29, 2019 . Authoriz
Post# of 4419
Authorized: 3,950,000 [no change since 92% reduction from 4,950,000,000 after successful r/s]
Outstanding: 1,895,616 [further 25,000 reduction since significantly reduced from 2,825,399,435 in 2018]
Restricted: 146,420 [increased by 25,000]
Unrestricted: 1,749,196 [reduced by a further 50,000]
Held at DTC: 1,711,605 [unchanged since February 2, 2019]
Analysis:
A/S reduced by 92% after successful r/s - most stocks do not reduce A/S - from 4,950,000,000 to only 3,950,000.
No dilution of Unrestricted shares confirmed [actually reduced].
O/S prior to reverse split unchanged since it was reduced significantly on June 30, 2017 from a peak of 4,003,221,101 on March 31, 2017.
O/S significantly reduced again by February 22, 2019 to 1,905,716 - and to 1,895,616 on July 29, 2019 and only a tiny increase in Restricted shares since.
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