Wallstreet Never Sleeps / Opinons / WSNO

[mick]

Good News EMJI

Nov 18, 2014 (eTeligis.com via COMTEX) -- IRVINE, CA, United States, via ETELIGIS INC., 11/18/2014 - - Emaji, Inc. (OTC Pink: EMJI) (PINKSHEETS: EMJI), announced today that it has authorized the retiring of an additional five billion shares of common stock effective immediately. In addition,

Emaj i announced that it has filed its quarterly report for the third quarter, which is available at http://www.otcmarkets.com.

Emaj i also has announced that that there is no immediate plan to file a reverse stock split as the company has elected to retire a significant amount of shares in lieu of doing a reverse.
answer;
don't trust doing reverse split/\

Following the retirement of the five billion shares, which will be returned to treasury, the company will have 7,661,180,087 common shares issued and outstanding. The public float, those shares being held in street name, known as "CEDE", is 4,049,720,573 shares.

The total restricted shares are 2,603,361,491. The total non-restricted shares are 5,062,818,596, including those in CEDE. Previously the company authorized the retirement and return to treasury of four billion shares of its common stock.

Combined with the current retirement of five billion shares,

Emaji has now retired a total of nine billion shares during 2014.