Logiq Inc (LGIQ)

[liable]

Why would you expect the OS to stay low after the huge increase to shares available to sell? Before the RS, shareholders owned 3% of the AS. Now, this interest has been reduced to about 1/10th of 1%; practically non existent. Shareholder interest before the RS was about 49% of the OS, now it's been reduced to roughly 2.4%.
The purpose of the RS was to recapitalize and make room for more dilution. The CEO continually sold the end result as a reduction to the AS where shareholders would benefit. The actual result is the opposite, only a lying POS would take advantage of shareholders like that.