News Focus
News Focus
Followers 2583
Posts 329833
Boards Moderated 23
Alias Born 04/12/2001

Re: BigBake1 post# 31662

Monday, 09/07/2015 6:19:39 PM

Monday, September 07, 2015 6:19:39 PM

Post# of 55522
Miraculously the AS had to be increased when the dumping increased in volume, kind of skirts that affiliate, but only FINRA will be able to determine the changes in AS and the ownership in the account to exact dates.

Yes. The first a/s raise appeared on the Nevada SOS site on 21 July, taking the authorized capital from 300 million shares to 975 million shares. The second was registered on 11 August, when the a/s was raised from 975 million to 1.475 billion. And the third was recorded on 25 July, upping the a/s another 2 billion shares to 3.475 billion.

Naturally all of those actions may have been submitted to Nevada a few days before the event was memorialized; perhaps as long as a week before.

Obviously the company didn't do it just for fun. It did it because it was running out of authorized capital. Three times. In a very big way.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y