Monday, May 22, 2017 9:57:07 AM
Also...
***Since about when the CEO took over, and from June 30 2016 until March 31, 2017, there have been the SAME amount of common shares.
"As at March 31, 2017, and June 30, 2016, 464,667,527 shares of the Company’s common stock were issued and outstanding, respectively"
***Further, the Q states that as of MAY 9, 2017, there are the SAME number of common shares.
"Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: 464,667,527 shares outstanding as of May 9, 2017."
SO, for nearly a year, from at least June 30, 2016 until now, common shares outstanding have remained the same. I didn't calculate the exact conversion and I don't care, but I do know the "dilution" occurred between March 31 and June 30 in the final quarter of the fiscal year, and it had a lot to do with an existing convertible note executed long before this past year. Now its out of the way.
Warning: I Pick Stocks w/ a Magic 8 Ball. Everything I post
could be completely wrong... and occasionally offensive.
Read and absorb my insanity at your own risk.
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