FLASR Validates Share Structure in Light of REG SHO Activity
PartagerPrint
March 28, 2018 10:20 ET | Source: FLASR Inc.
ATLANTA, March 28, 2018 (GLOBE NEWSWIRE) -- FLSR previously reported that the Company is progressing with the work of bringing the Company current. The Company has elected to publicly validate and summarize its equity structure, authorized, issued, outstanding, restricted and publicly tradable float.
Gary Freeman, Chairman of Dinostar, stated: “While this may be unconventional, it is not without considerable discussion and forethought. The Company is several months from becoming current. We always intended to be fully transparent, however extreme market conditions and unusual or irregular trading patterns has produced the following unexplainable short positions in the Company’s common stock."
The following table numerically represents the present issue.
DATE SYMB SHORT VOL TOTAL VOL
3/19/2018 FLSR 456,000,000.00 520,996,960.00
3/20/2018 FLSR 135,346,846.00 254,006,846.00
3/21/2018 FLSR 1,263,777,549.00 2,252,780,805.00
3/22/2018 FLSR 477,586,662.00 729,623,216.00
3/23/2018 FLSR 769,957,976.00 1,170,400,331.00
3/26/2018 FLSR 145,036,029.00 227,834,943.00
3/27/2018 FLSR 204,143,442.00 512,256,698.00
Source - SEC REG SHO
“We believe in business transparency. We have received dozens of phone calls and hundreds of emails from shareholders and interested parties regarding the following clarification,” stated Mr. Freeman, “Therefore the below table represents the Company’s share structure and most importantly the unchanged number of shares in the public float. The issued and outstanding has remained unchanged since early March at 4,876,507,249."
AUTHORIZED ISSUED AND OUT
COM 10,000,000,000 4,876,507,249 COMMON
PREF 15,000,000 1,808,683,143 RESTRICTED 144
10,015,000,000 3,067,824,106 FLOAT
Stay tuned for upcoming announcements as FLSR completes its restructuring and acquisition program.
