Regen BioPharma Inc (RGBP)

[cvinvestor]

Does this mean he can issue up to 800,000,000 Preferred A shares or is the "aggregate"total the combination of 500,000,000 common shares and the 300,000,000 preferred A shares?


The other factor I guess is that while the new president was hired to gather non diluting funds, that won't stop Koos from continuing to raise funds through additional shares to whomever he pleases.

Can't say this 8-K instills confidence for the future. We started in RGBP thinking high PPS because we began with 50M shares. Now we are up to a possible 800,000,000 or 1.3B depending on what this means. And why raise the possible number of shares now when good news is hopefully imminent unless you intend to need and use them shortly. If this 8K indicates Koos is ready to raise funds through issuing 1.3 B shares, then we might not see the PPS rise above .50

This is water on the fire unless someone else can give an encouraging reason of why this 8K needed to be released now.