I refer to this paragraph of the August 30th 2021,
Post# of 22465
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Posted On: 01/29/2022 10:53:06 PM
I refer to this paragraph of the August 30th 2021, proxy statement.
"Upon filing the Amendment to our Articles of Incorporation, the Board may cause the issuance of additional shares of common
stock without further vote of our shareholders, except as provided under applicable Nevada law or any national securities exchange
on which shares of our common stock are then listed or traded. In addition, if the Board of Directors elects to issue additional shares
of common stock, such issuance could have a dilutive effect on the earnings per share, voting power and holdings of current
shareholders."
Who are they giving the farm away to, a company that has the resources to back any project the company decides to pursue, that who.
I am sure it is a total package deal.
"Upon filing the Amendment to our Articles of Incorporation, the Board may cause the issuance of additional shares of common
stock without further vote of our shareholders, except as provided under applicable Nevada law or any national securities exchange
on which shares of our common stock are then listed or traded. In addition, if the Board of Directors elects to issue additional shares
of common stock, such issuance could have a dilutive effect on the earnings per share, voting power and holdings of current
shareholders."
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My question on the #2 is why the company didn't request approval from the shareholders for another 1-2 hundred million shares?
Who are they giving the farm away to, a company that has the resources to back any project the company decides to pursue, that who.
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Bottom line is the company wound up having to do it anyways and giving the farm away.
I am sure it is a total package deal.
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I'm pretty sure Solterra Renewable Technologies is included in the package as much as I would have liked it to have remained independent.
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