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Re: NewTrader2017 post# 31411

Monday, 07/23/2018 5:07:04 PM

Monday, July 23, 2018 5:07:04 PM

Post# of 31518
Not sure. Best guess is their last-reported outstanding shares (7,097,941,082 as of March 31, 2018) divided by 5,555 (split ratio), giving 1,277,757 shares out, with 15 billion shares authorized.

There may be a lot more than that, though. MLCG has been diluting billions and billions of shares, but apparently they have tons more convertibles left to dilute, with $0 sales/revenue and no apparent operating business (despite the lies from the CEO claiming "record" sales projected).

Unfortunately for many investors;they may not be able to trade for a few days to a week, trapping them while others are dumping ahead of the majority being able to trade the R/S shares again.