Thursday, September 12, 2019 7:19:21 AM
Flechner and Cutler were issued their 130 million shares as debt settlement right before taking steps to bring the shell current.
Before that the O/S was roughly 120 million and Ross owned approximately 20%.
They issued just enough shares to take Ross down below 10%. He owned his shares for like seven years and hadn't been officially "affiliated" with the company in years.
Anybody know a good SEC attorney who can weigh in on Steve's shares?
How else would the float increase by seven million shares?
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