watch for the Reverse split to be affected soon... the ratio for the Reverse Stock Split determined by our Board, Stockholders with less than 100 shares and no more than 20,000 shares of existing Common Stock, may be combined into one share of Common Stock. Any fractional shares will be rounded up to the next whole number. The Amendment to effect the Reverse Stock Split, if any, will include only the Reverse Stock Split ratio determined by our Board to be in the best interests of our Stockholders and all of the other proposed amendments at different ratios will be abandoned.
Effect of the Reverse Stock Split on Holders of Outstanding Common Stock
As of December 27, 2019, there were 754,981,303 shares outstanding. Depending on the ratio for the Reverse Stock Split determined by our board of directors, a minimum of 100 and a maximum of 20,000 shares of existing Common Stock will be combined into one new share of Common Stock. The table below shows, as of December 27, 2019, the number of outstanding shares of Common Stock that would result from the listed hypothetical Reverse Stock Split ratios (without giving effect to the treatment of fractional shares):
doing calculations at 10 Billion authorized multiplied by 20,000 potential Revers split ratio, will equate to potentially 200 Trillion shares pre split.and MMs can trade at .0000001
Investors' Responsibilities
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