Share Structure as at October 31, 2019 . --------
Post# of 4419
(Total Views: 85)
Posted On: 11/01/2019 5:19:24 PM
Share Structure as at October 31, 2019 [important aspects in bold].
Authorized: 3,950,000 [no change since 92% reduction from 4,950,000,000 after successful r/s]
Outstanding: 2,465,791 [up 157,675 but still significantly reduced from 2,825,399,435 in 2018]
Restricted: 178,420 [up 32,000]
Unrestricted: 2,287,371 [up 125,675]
Held at DTC: 2,199,780
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.
Unrestricted shares [have increased by a net 487,675 since reverse split]
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.
Authorized: 3,950,000 [no change since 92% reduction from 4,950,000,000 after successful r/s]
Outstanding: 2,465,791 [up 157,675 but still significantly reduced from 2,825,399,435 in 2018]
Restricted: 178,420 [up 32,000]
Unrestricted: 2,287,371 [up 125,675]
Held at DTC: 2,199,780
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.
Unrestricted shares [have increased by a net 487,675 since reverse split]
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.
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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