Cytta Corp (CYCA)

[mrgoodtrade]

however, from a recent CYCA filing: As of March 31, 2018 there were 157,547,671 common shares issued and outstanding of which a total of 33,108,000 shares are pending cancellation resulting in the issued capital being reduced by this number. These shares were issued and subsequently cancelled when the merger with EraStar was rescinded and the Company received Default Judgement against EraStar from the Nevada Supreme Court. However, the physical certificates were lost, stolen and/or unable to be recovered and thus it is being disclosed separately in our share capital. The shares have legally been cancelled as to our Transfer Agent. Management has placed a stop with our Transfer Agent and will not permit these shares to be negotiated, but are still outstanding until the physical certificates can be cancelled, surrendered or reissued. Alternatively, the Company may also obtain a Court Order authorizing the Transfer Agent to remove the shares from the share ledger.

So, the potential (actual) OS is effectively 124M