ALR Technologies SG Ltd (ALRTF)

[Neophius]

On January 27, 2017, the Company’s Board of Directors approved a 100:1 reverse share split of the Company’s common stock. The Company cannot complete its stock split due to its deficient reporting status with the SEC.



On November 27, 2017, the Company’s Board of Directors approved the grant of the option to 8,700,000 shares of common stock of the Company at a price of $0.015 per share for a term of five years. 2,200,000 of the approved options were to a director of the Company and 6,500,000 were to consultants of the Company.



10


On January 31, 2018, the Company’s Board of Directors approved the following grants:




· the option to acquire 47,000,000 shares of common stock of the Company at a price of $0.015 per share for a term of five years to 9 consultants of the Company, and
· the option to acquire 200,000 shares of common stock of the Company at a price of $0.015 per share until April 19, 2019 to 1 consultant of the Company.


Of the options granted with a term of five years, options to acquire a total of 11,000,000 shares of common stock were granted to three relatives of the Chairman of the Board.

Rofl. So they're updating their SEC filings to get them ready to do a 100-1 R/S, and then have approved millions and millions of shares to be acquire at .015 for up to 5 years.

Hell, that's allowed even after a potential R/S. Overnight millionaires even if they're restricted.

LOL! What a joke.