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Re: CA$H I$ KING post# 11945

Tuesday, 11/13/2018 7:26:38 PM

Tuesday, November 13, 2018 7:26:38 PM

Post# of 15230
MORE IMPORTANT: A/S REDUCED TO 250MM

If you read item 3 of 12/31/2017 quarterly report you will note that A/S of common stock par 0.001 was 2.4B. Fast forward to some corporate actions with NVSOS, you can see that in mid 2018 corporate actions were filed, one of them a reverse stock split 1:10 which answers the question of future R/S.

Why? If you look at NVSOS, there are two classes of stock both at par 0.001. The first is common stock authorized: 250 million shares. The second line is the combined total of Preferred stock series A and B which total 10 million authorized.

Previously the issuer reported that 450 million shares were free-trading which leads me to believe the free trade shares are now 45 million if no changes occurred.

Either way, this is a positive development here.

Disclosure: no shares
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y