It's interesting that the company is not aware of the exact number of OS, but can only give an estimation.
It is also interesting that the company states AS to be 10 million instead of 50 billion (including "blank check" preferred). Find below an abstract of the filing they did on May 24 2017, p. 3/13
"As previously disclosed on a Form 6-K filed on April 14, 2017, on April 7, 2017, the shareholders of the Company authorized the Board of Directors (the “Board”) to file the Articles to (i) provide for authorized capital of Fifty Billion (50,000,000,000) shares of capital stock, divided into classes consisting of (a) Forty Five Billion (45,000,000,000) shares of common stock, par value $0.0001 per share and (b) Five Billion (5,000,000,000) shares of “blank check” preferred stock, par value $0.0001 per share; and to (ii) grant the Board discretionary authority to effect one or more reverse splits of the Company’s issued and outstanding common stock at a ratio within the range from 1-for-2 up to 1-for-30,000, at any time prior to April 7, 2018, at the discretion of the Board."
It is also interesting to see that the company is unaware of the 4mil. shares that have been issued to the CEO within 60 days of May 15, 2017 according to p. 88/477 of their 20-F which was filed on that same date.
Finally, it is interesting to see the "investor Relations" header instead of "Investor Relations"
Can you please tell the company to clarify the above points, as it would suggest a transparent company, and would make a lot of people buy this share?
That would really help!!!
We need you on this one, do your best, we need people to trust the company, tell CEO that!
Thank you in advance,
A proud BSTN investor!
