Followers | 53 |
Posts | 3489 |
Boards Moderated | 0 |
Alias Born | 02/05/2014 |
![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Monday, May 28, 2018 12:21:25 PM
...and he is lying to you (and everyone else).
The correct size of the number of Authorized Shares (A/S) is always found at the office of the Secretary of State from the state in which the business is incorporated.
In the case of DNA Brands, that state is Colorado.
Fortunately, the Colorado Secret of State has a web site where the Articles of Incorporation, and it's amendments, can be viewed for DNA Brands.
If you look there, you will find correct size of the number of Authorized Shares.
Last January, Adrian cut the A/S in half from 25 billion to 12.5 billion.
Adrian is not propagating the change to locations like the OTC Markets because if he did, shareholders and prospective investors would want to know why there are roughly EIGHT BILLION more issued shares outstanding (O/S) than the size of the Authorized Shares (A/S).
You see, when Adrian cut the A/S in half, he did nothing to reduce the O/S.
The answer why Adrian did this is simply that Adrian is defrauding shateholders.
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM