Tuesday, September 27, 2016 3:33:31 PM
Essentially, it is unlimited. There are over 90 BILLION shares behind that. But if the toxic death spiral convertible holders showed every share they are willing to sell there, no one would buy them.
This way they still might be able to somehow convince someone this insolvent company's stock is worth buying and will be able to sell them as many shares as they can at $0.0001 before the next, inevitable reverse split.
Or before COWI goes bankrupt and all the existing common shares are wiped out by the Court.
Recent COWI News
- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 07/10/2024 08:38:14 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 10:20:26 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/01/2023 09:20:45 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 09:47:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/27/2023 12:30:16 PM
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