My question is, the old company had 12.4 billion o/s, but 12 billion shares were restricted and never registered,
Those shares were owned by the previous owners from 7 years ago,
So I'm wondering what the share structure of the new company will look like. Can those shares be cancelled or returned to the treasury? Obviously if there is going to be a reverse split it would be best for current holders of common shares to be done after cancelling the restricted shares.
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