$DATI Management also announces that an additional
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Posted On: 11/20/2020 8:37:30 AM
$DATI Management also announces that an additional 2,000,000 shares have been retired by an exchange of common stock for the Company’s Preferred BB shares. This action further tightens the Company’s cap table, reducing the outstanding common stock share amount to approximately 15M shares, with a total reduction of more than 100M shares (which reductions were noted in a previous shareholder update).
CEO Watson further commented: “We always give careful consideration to strategizing on how to best restructure our cap table with the least detrimental effects to our stakeholders, while positioning DigitalAMN for its next capital raise. In that vein, we intend to further strengthen our cap table with additional share reductions where possible.”
https://www.otcmarkets.com/stock/DATI/news/Di...?id=280903
CEO Watson further commented: “We always give careful consideration to strategizing on how to best restructure our cap table with the least detrimental effects to our stakeholders, while positioning DigitalAMN for its next capital raise. In that vein, we intend to further strengthen our cap table with additional share reductions where possible.”
https://www.otcmarkets.com/stock/DATI/news/Di...?id=280903
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