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Re: Nelson2 post# 25857

Monday, 06/24/2019 9:02:15 AM

Monday, June 24, 2019 9:02:15 AM

Post# of 32501
I think after review of Other reverse splits GAHC DETERMINED a reverse split is hard to come. back a from. Which leaves them two options, buy back shares, or issue more shares.
Shares are needed to complete all the deals if a buy back would be implemented it should have been in the .001 to .002. So an increase in authorized shares does seem the only solution . Shares have to be available for the warrants in the deals. The great news is they have agreed to exercise prices higher then the stock is trading. Keep in mind you have to hold warrants for 9 months after you convert warrant into stock. So it seems the people receiving the warrants are doing so assuming the Company will be sold in the short term or as a long term investment. Hiring the Swiss venture capital fund is very interesting, I think the company will be issuing a use token as a tool in identity voters in block chain, which the patent covers. votersAs far as notes being converted the majority of the notes convert at .01 or higher.
Also all the shares that will be awarded in the deals will be restricted share so cannot be sold for 9 months and will be insiders so the will have to file their intentions of a sale prior to selling.
Gahc is a Delaware corp which does not require share holders approval to issue. More shares. How ever the Sec Does require share holder approval if it tend to issue shares. So think we will be voting in approving all the deals and to increase our authorized shares. However none of the shares in the deal will enter into float since they will be 144 stock.





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