BitFrontier Capital Holdings Inc (BFCH)

[st007]

Yes, and they will reduce it. They have stated so.
The Company’s new share structure is 167,145,701 Common Shares outstanding with a float of 164,073,146. These changes have been submitted to OTC Markets by our Transfer Agent and should be reflected very soon. The Company can proceed with a substantial Authorized Share reduction once its share structure updates on OTC Markets.

Additionally, the Company plans to become fully SEC Reporting and has begun the application process to up list to the OTCQB. Among other requirements, this entails obtaining a 2-year audit.

https://www.otcmarkets.com/stock/BFCH/news/BitFrontier-Capital-Holdings-Inc-OTC-BFCH-Announces-12260000000-Common-Shares-Have-Been-Retired-From-Its-Outstanding-Sha?id=231221