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Tuesday, June 25, 2019 12:24:49 PM
According to GNCP. These shares made the YES vote happen for the Biocann deal. Yet GNCP never issued these shares since the outstanding never increased. They don't give the exact date of the conversion but it was probably when the stock was 0.0001 meaning they should have added 11.2 Billion shares.
If they do not add the shares, have they illegally faked the vote? Does this make them in violation of OTC CURRENT standing (and some tax issues)?
On February 2019, shareholders representing an amount of 560,000 shares of Series “B” Convertible Preferred Stock served Notices of Conversion to shares of Common Stock. This will increase in the amount of outstanding Common Stock as was required to secure the majority shareholder vote to acquire the entire issued capital of BioCann Pharma S.A.S. These conversions have not as yet been effected and it is envisaged that they will be in and during May of 2019
This statement is in every financial filing. There is no correction filed for the statement. It's 2 months after their deadline which is another 2 months after the vote; It seems they are not issuing them, which preclude one to think there was NO REAL VOTE.
Preferred shares with NO vote, voted; instead of the common shares contrary to their filings?
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