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Thursday, September 22, 2016 4:29:11 PM
Yes, they did do that. On 25 August, they lowered the a/s from 7.5 billion to 163 million. An odd number to choose.
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=ws%252bghGErip35gSs0HpObzA%253d%253d&CorpName=SIMLATUS+CORPORATION
As of 16 August, the o/s was 162,643,135.
http://www.otcmarkets.com/stock/SIML/profile
That was an unusual move, but I suppose they think it makes them look "serious". My guess is that they'll be raising the a/s again within six months; after all, it's not hard to do.
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