Saturday, December 30, 2017 1:43:11 PM
The SS info you have is from the OTCM website. If you go to Nevada SOS, you'll see that Schaefer has increased the A/S twice since 2016. The only reason to do that is when the current A/S is close to being maxed out, so you'd have to guess that the current O/S is in excess of 3B now.
http://nvsos.gov/SOSEntitySearch/corpActions.aspx?lx8nvq=C9biUSI5xK90pQqv6BTIbA%253d%253d&CorpName=COIN+CITADEL
Btw, the two increases I mentioned above were just those since OTCM was last updated. Prior to that, there were three other increases between 5/15 and 5/17. The A/S started at just 200M. So, you can see how much Schaefer diluted the stock in just over two and a half years all the while the sp dropped from $.003 to where it is now.
Also, CCTL is now in default at Nevada SOS until they pay the fees owed, which currently stand at $2,725. Apparently, Schaefer doesn't have that much cash on hand. Which, is understandable, since the last report at OTCM, covering the period to Dec 2015 shows cash on hand to be just $730. And with the company having no revenue generating businesses that shareholders know of, I can't see them having more cash than that now.
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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