The most up to date and comprehensive share structure summary all supported with SEC filings for all to confirm. I AM LOOKING FOR LUKE TO SEND ME THE UPDATE SHARE STRUCTURE TODAY. I EMAILED HIM TO LATE LAST NIGHT, SORRY FOLKS, MY FAULT.
Since the first shares of 26,905,959 shares were issued and with the current reported shares being 35,272,483 shares, an increase of just 8,366,524 shares, the traded volume of the common stock since the first day of trading being Sept 18, 2018, has been 99,487,520 shares up to and including June 20, 2019.
Now lets work out the number of the 'true' float. Take the float minus Wayne's Form 3 filing and then minus the S1A filing made yesterday by Sylios and you have a 'true' float number of about 11,480,615 shares and that does not include any other shareholders holdings! These numbers are straight from SEC filings.
The numbers are as follows:
Issued is 35,272,483 common with 16,505,945 Restricted shares--Float 18,766,538 common shares.
18,766,538 non restricted shares minus 6,647,492 shares on Wayne's Form 3 filed on January 23, 2019, minus Sylios 638,431 shares they own per their S1A filed yesterday and you have a true float.
This does not take into consideration any other shareholders holdings like mine. The true number of 11,480,615 shares in the float but if you subtract my shares you have a really true float of 10,577,288 shares. I already posted a copy of my brokerage statement to prove my position so no one can say it is a made up number. We have therefore traded 99,487,520 shares since Sept 18, 2018 while the float has only been 10,577,288 shares which is a staggering 9.5 X's the float!
Preferred A shares--9,411,998 shares are owned by the following people and were all issued on July 31, 2018 per the SEC filing:
Elisha Kalfa and Yonah Kalfa own 2,966,666 shares
Fernando Bisker and Sigalush LLC own 2,966,666 shares
Aitan Zacharin owns 1,695,333 shares
Mark Randon owns 1,483,333 shares
David Tavor owns 300,000 shares
Each Preferred A share is subject to a 50 for 1 conversion to common stock from their issue date of July 31, 2018. If fully converted these Preferred A shares would require 470,599.900 common shares. As of this date not a single share has been converted and that is because there is a conversion instruction clause also in the filings with the SEC that states the terms of any conversions. It is on Page F-14! LOL.
Preferred B Shares--9,000,000 shares issued to EMET CAPITAL on February 14, 2019. Each share is subject to a 1 to 1 conversion to common stock from their issue date of February 14, 2019. If fully converted these Preferred B shares would require 9,000,000 common shares. As of this date not a single share has been converted because they cannot convert any shares for another 6 to 7 weeks. Even at that time, IMHO, these preferred shares will be sold to the insiders of GCAN at a set price to avoid losing a lot of money by trying to dump them on the street.
