Friday, October 07, 2016 10:28:03 AM
The Company is authorized is five billion (5,000,000,000) of Common Stock at a par value of $0.00001 with 1,524,897,616 issued
and outstanding as of June 30, 2016.
So now, after the 1:30,000 R/S there are 50,830 shares outstanding.
But immediately upon the reverse split of the stock, 50,000,000 shares will be given out.
Inolife Technologies has entered into a definitive merger agreement with 8687544 Canada Inc., the definitive merger agreement has been amended as an definitive asset purchase agreement and the number of shares increase from 30,000,000 common shares post reverse split of 1 for 30,000 to 50,000,000 common shares post reverse split of 1 for 30,000.
So the current O/S is 50,050,830. At a sp of $3, the market cap is $150,150,000.
Good luck to anyone holding this stock. And may God have mercy on your souls.
You can lead a horse to water. But you can't make him get down on one knee and do an Al Jolson impression!
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