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Wednesday, October 10, 2018 11:10:29 PM
Total common shares authorized: 500,000,000,000 as of June 30, 2018
Total preferred shares authorized: 5,000,000 as of June 30, 2018
Total common shares outstanding: 35,573,563 as of June 30, 2018(1)
Total preferred shares outstanding: 0 as of June 30, 2018 (1)
On March 22, 2018, the Company’s board approved a one for five thousand (1/5000) reverse stock split. All equity transactions have been retroactively restated to reflect the effect of the stock split. FINRA has not yet approved the split and has informed the Company that its application is deficient as a result of not filing reports with the SEC from 2008 to 2012. In addition, the authorized common shares were increased to 500,000,000,000.
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