Friday, January 20, 2017 8:22:51 AM
Most often in a Reverse Merger situation,
The outstanding and Authorized shares are
So many that they do a reverse split, so they can
Reduce the number shares, and start fresh with
The WASH/RINSE/DRY Cycle, not in this case.
The previous Insiders held over 11 million shares
And never sold any, in fact they bought back
40,000 shares and returned it to the Treasury.
It is all in their fillings.
The beauty of this scenario is that Kerr is a US
Based Company and not an off shore Company.
IMHO, In their Super 8-k They will increase the
Outstanding, and with the first 10-Q shortly
There After, comes KABOOOOMMMMMM.
I LIKE TO CALL IT, BADA BING, BADA BOOM.
Stay Thirsty,
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