Home > Boards > US OTC > Cannabis > CaliPharms, Inc. (KGET)
Followed By 71
Posts 13688
Boards Moderated 0
Alias Born 04/10/2013

Monday, May 14, 2018 6:15:51 AM

Re: Lime Time post# 39200

Post# of 42173
Quote:
I'll hang around here for a lil bit more until the A/S gets maxed then its dead (too many shares).


There is one major difficulty with the plan. The Outstanding share count already exceeds 10 BILLION, which was the previous Authorized limit. Who knows how many Outstanding shares there are now. The Reported Authorized limit is 20 BILLION. The Authorized limit was raised from 10 BILLION in late 2017, but this change was NOT made public at the time it occurred!

Here's the issue! Since KGET DE-REGISTERED with SEC, the company can do just about anything it pleases and not report the action to the investors. Bobo "THE CLOWN" Linton can increase the Authorized limit any time he has the notion to do so, then never tell anyone until the next financial report is filed with OTC Markets!

BTW...good luck getting the updated share structure from the T/A!
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y