CSOC .0019s up 109 Million float...Safekeeping of 32.5Million share certificate and share structure
Jan 05, 2017
OTC Disclosure & News Service
Johnston, RI - The Company held a meeting on December 28th 2016. A yearly plan had been set up to compensate the board members and was put in place before current management had been instated. The Company decided to not compensate, as it was deemed not fair for the shareholders. As such, the 32.5 million share certificate has been physically returned to Mr. Tang and no longer calculated in the Share Float. As a result, the share float increased by 32.5 million to 142.1 Million Shares for a brief period of time. The board received and then restricted under legend this physical cert.
The share float is back to 109.6Million.
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