![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, May 17, 2019 8:28:09 AM
Publish Date Title Period End Date Status
05/16/2019 OTCQB Certification - OTCQB Certification 12/31/2018 A
07/02/2018 OTCQB Certification - OTCQB Certification 12/31/2017 A
which indicates Public Float reduced from 425,943,839 as of 6-30-18 to 348,376,281 as of May 9, 2019 by 77,567,558 shares while outstanding shares increased to about 544,469,782 shares.
As outstanding shares increases, significantly more shares have been pulled out of free public trading. In the meantime, from the two sets of filing (I quoted below in quotation marked) it also shows the Number of Beneficial Owners holding at least 100 shares has drastically reduced, and that may at least partially explain why we have had significantly increased whining posters posting as long aiming for cheap shares.
"d.Please provide the following information as of the latest practicable date:
i. Number of Beneficial Owners holding at least 100 shares:118 as of April 30, 2019 (“Beneficial Owner” shall mean any person who, directly or indirectly has or shares voting power of such security or investment power, which includes the power to dispose, or to direct the disposition of, such security.)
ii. Number of shares in the Public Float: 348,376,281 as of May 9, 2019
(“Public Float” shall mean the total number of unrestricted shares not held directly or indirectly by an officer, director, any person who is the beneficial owner of more than 10 percent of the total shares outstanding, or any Affiliates thereof, or any Immediate Family Members of officers, directors and control persons.)
https://backend.otcmarkets.com/otcapi/company/financial-report/220637/content
[As of May 2019: all senior officers and directors of the company hold about 196,093,501 shares, which when added to public float equals to 544,469,782 shares]
and
"d.Please provide the following information as of the latest practicable date:
i. Number of Beneficial Owners holding at least 100 shares:12,142 as of 6-30-18 (“Beneficial Owner” shall mean any person who, directly or indirectly has or shares voting power of such security or investment power, which includes the power to dispose, or to direct the disposition of, such security.)
ii. Number of shares in the Public Float: 425,943,839 as of 6-30-18
(“Public Float” shall mean the total number of unrestricted shares not held directly or indirectly by an officer, director, any person who is the beneficial owner of more than 10 percent of the total shares outstanding, or any Affiliates thereof, or any Immediate Family Members of officers, directors and control persons."
https://backend.otcmarkets.com/otcapi/company/financial-report/196848/content
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