Share Structure - Updated April 20, 2024 Transf
Post# of 2033
Transfer Agent Verified
No change since April 4 - 16 days
Authorized Shares:22,000,000,000
Outstanding Shares: 12,860,268,251
Restricted: 1,040,101,702
Unrestricted: 11,820,166,549
Note 1: It is only the Unrestricted Outstanding Shares count that is relevant to immediate trading.
Note 2: The company confirmed that there will be no further conversions for 4 months [source: 'X' update April 8, 2024]
Note 3: Intention for share buyback ahead confirmed [latest source: 2024 Shareholder Update Letter].
Note 4: No reverse split confirmed again (for the 7th time) [latest source: 2024 Shareholder Update Letter].
Note 5: The company has now received approval to use the non-dilutive EB-5 Immigrant Investor Program to raise $20M for its current projects [latest source: 2024 Shareholder Update Letter].
Note 6: The company also has a comprehensive plan to raise $100M for future acquisitions and investments.
Note 7: The company also has $400K in cash coming in for 2 x ABA Canada license fees [source: PR dated March 11, 2024].
Note 8: The company also has secondary funding of $50M coming in to support its African, Canadian and US 6-picture film slate [source: Update on March 14, 2024].
Note 9: Market capitalization is projected to surpass $200 Million - fulfilling a criteria for uplisting to the NASDAQ [latest source: 2024 Shareholder Update Letter].
Note 10: Even before the share buyback, a market cap of $200M (higher expected) divided by the Outstanding Shares would equate to a pps of .0155.
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