Demand Brands Inc. (DMAN)

[JonnyBGood]

So we're wondering what the new share structure looks like. The rs only affects the common shares. I don't believe it effects the preferred. Therefore, with a 1:500 rs we went from a little less than 5 billion common shares to around 10 million. Tom's preferred shares amount to 20 million. So I'm hoping that authorized will be reduced from 5 billion to somewhere between 50 and 100 million. That gives him the outstanding of 10 million + his converted 20 million + 20-70 million more authorized to be issued as compensation to big investors.

100 million authorized is a 1:50 reduction.
We'll see. Production is always more expensive than you budget for.