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Re: George1234 post# 72999

Thursday, 01/10/2019 8:54:18 PM

Thursday, January 10, 2019 8:54:18 PM

Post# of 169470
Not sure guessing, could be error. GOOD QUESTION I never saw that number before or after, other then there. Really no idea why 15 mil was posted. But it doesn't seem to represent the size of the numbers below in the chart. Huge discrepancy.

But the description of the chart is clearly dilutive effect, not present common.

The following table presents the dilutive effect of our various potential common shares as of November 9, 2018:



Probably because between Nov 9 & Nov 12, when split took place, OS increased by 4 mil somehow. And they used wrong number?


After the reverse stock split, effective at 5:00 p.m., Eastern Time, on November 12, 2018, the Company’s common stock trades on a post-split basis. The par value and other terms of the common stock was not be affected by the reverse stock split. The authorized capital of the Company of 10,000,000,000 shares of common stock and 5,000,000 shares of preferred stock, also will not be affected by the reverse split.





All outstanding preferred shares, stock options, warrants, and equity incentive plans immediately prior to the reverse stock split will generally be appropriately adjusted by dividing the number of shares of common stock into which the preferred shares, stock options, warrants and equity incentive plans of the common stock are exercisable or convertible by 500 and multiplying the exercise or conversion price by 500, as a result of the reverse stock split.




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