Alkame Holdings Inc (ALKM)

[PRmaniac]

TDA could be off by 5 billion shares. The company refuses to update the OTC Markets share structure purposely, I think to ensure investors don't know about the exponential increase in outstanding shares.
They could update the share structure there at any time, even if auditors are trying to sort through financials.

As a result, the OTC Markets posts the stern warning to investors about the company and the insider trading warning.

Investors misled by the company and deemed greater than 5% or 10% owner by their broker (with all the restrictions that brings), could file a 13G and request the actual OS count from the transfer agent (may have to pay a small fee). Then, like the 13G early in 2017, they could know and reveal the latest OS share count. They could also file a complaint with the SEC indicating the harm caused by the company to the investors due to the company not complying with securities laws.

The SEC tipline is another remedy for common investors to try to get the SEC to make ALKM stop hiding information from investors.

It is unfortunate that so many investors bought ALKM believing the O/S count was only around 200 million shares, when it actually could be a lot closer to 5 billion shares.