Sunday, July 03, 2016 9:48:29 PM
2,500,000 shares outstanding.
1,100,000 shares on float!
If you buy 125,000 shares you have to file paperwork due to 5% regulation. Why bother. Until they issue the share they are supposed to, share price will never reflect the real value. CEO has agreement to issue stock for sure, but would rather wait for issuance or all their notes in their filings will hit the market. Bad structure.
If you have a sound business plan and good execution, regular stock issuance should not be an issue. If you need to keep the issued at such a low level and wait to print what is in your agreement it's because you know you have nothing but one product.
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