Diego Pellicer Worldwide Inc. (DPWW): Why A/S left-at 840 Million instead-of 4...

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highlandernew

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Monday, 10/08/2018 7:26:44 AM

Monday, October 08, 2018 7:26:44 AM

Why A/S left-at 840 Million instead-of 42 Million after REVERSE SPLIT?

No A/S DECREASE in PRE-14C even if Throgmartin PROMISED that the REVERSE SPLIT is ONLY to maintain OTCQB listing? There will be ZERO NEED to have the number of AUTHORIZED shares kept at 840 million, right?

Why A/S won't be DECREASED 20:1 also, and reduced to 42 million instead of 840? (840 / 20 = 42?)

'...objective of the Reverse Split is to raise the per share trading price of our Common Stock. The Company received notice from the OTC Markets that unless the bid price of our publicly traded common shares does not trade over $0.01 per share for ten (10) consecutive trading days, our shares would be delisted from the Bulletin Board on November 11, 2018 (the “OTC Listing Threshold”)...'
https://www.otcmarkets.com/filing/html?id=12996113&guid=OKfZUemXQTbURth

What are your thoughts about this?