Wednesday, February 05, 2020 6:03:30 PM
Do you want a company that distribute its profits to 1.5 bio shareholders or to 4.5 mio ?
He made a clever move to reduce the A/S to 500 mio.
He created now the ability to issue new shares upto 496 mio and the minimum bid price of 0,01 is achieved by R/S.
By increasing the current A/S to 1.5 bio the bid price will not go to 0,01 and he can not file the S-1 and he can not go to higher listing.
While, he need higher listing and audited FYE and funding to fulfill the contracts.
He is on the rite track. For the bag holders, he is creating a way out to honour the contract obligation.
If you have other solution how to get:
1) funding
2) S-1
3) minimum bid of 0,01
Feel free.
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