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Re: Slojab post# 20075

Monday, 03/27/2017 11:44:01 AM

Monday, March 27, 2017 11:44:01 AM

Post# of 20669
They'll get it right eventually.

Share Structure

Market Value1 $169,279,190 a/o Mar 24, 2017
Authorized Shares 5,000,000,000 a/o Dec 31, 2016
Outstanding Shares 61,556,069 a/o Dec 31, 2016

Since then, they did a 1:30,000 R/S on 10/7/16 which reduced the O/S to 61,556,069. Then, they added 58,495,000 during the last three months as stated in the 10-Q. The current O/S therefore, should be 120,051,069


A market cap of $169,279,190 is bad enough but more than double that? For a company that hasn't even secured manufacturing yet?

You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!