mPhase Technologies Inc (XDSL)

[NoMoDo]

Wrong. I was here at .0001 and was moderator for a year. I knew this company inside out.

As of May 4, 2018, there were 16,360,514,523 shares of common stock, $.001 par value, outstanding.

"Pursuant to Section 14A: 7-2 of Title A, Corporations of the New Jersey Statutes , mPhase Technologies, Inc. has increased it authorized shares of common stock from 18 billion shares to 72 billion shares. This action was approved by the Board of Directors of the Company on February 28, 2017 and was perfected by an Amendment to the Company’s Certificate of Incorporation filed with the State of New Jersey on August 22, 2018."

So the big question is....who was CEO while those billions of shares were given away?

Don’t blame him for the prior stupid ass mgmt. come on dude ur better than that analysis

I blame Anshu for his part. Anshu could have done a 1 for 100 RS at May 4 levels and the stock would likely would be sitting at $10 by now. Instead he and former management decided to help themselves at the expense of retail (you).