Thursday, June 18, 2020 10:03:05 AM
In March they filed Articles of Incorporation with Wyoming (which by the way allows UNLIMITED Authorized Shares to be put on the filing with the SOS...the ONLY state in the union as far as I know)
Here is a Screenshot, with explanations to follow:
1. Notice at the top that the corporation name is US Wirless Online? Well, that is $UWRL ladies and germs.
2. Notice that the common shares amount is 2.9 Billion. Which jibes with OTCMarkets.
3. Quote: Each 1 Share of corporations common stock (UWRL) .... shall be RECLASSIFIED and CHANGED Now you can call a REVERSE SPLIT by any number of names, 'Rollback' is one that I know of...and there was a filing which I will not look for that did a sneaky 'dividend' verbiage that was also a REVERSE SPLIT. A rose by any other name......get it?
The PURPOSE of these terms 'Rollback', and now 'RECLASSIFIED and CHANGED' is to DECEIVE the usually uninformed investor that a REVERSE SPLIT is what is actually being said.
OK. RECLASSIFIED AND CHANGED into 1/145 of a share. SO, Each share will become 1/145 of a share......if that isn't a freaking REVERSE SPLIT, I don't know what is.
Then in May that lying rat bastard steve morris had the AUDACITY to change that 1-145 REVERSE SPLIT into a 1-555 REVERSE SPLIT:
And attributed it to a 'scrivener's error' .......for those of you who don't know what it is, there's this amazing feature on the internet called http://Bing.com which will lead you to a definition.
Here's my definition of this error: a FREAKING LIE.
Instead of only killing old shareholders halfway with a 1-145, he's gonna totally MURDER THEM INTO OBLIVION by making it 1-555....
Now the resulting OS will be 178,000 shares........can all you kids say 'NEW SHARES WILL BE ISSUED'??
PS. That ahole steve morris misspelled wireless in the corp name.....lol
PPS. I've been trading stocks for over 40 years. I DEFY anybody to come up with a different explanation than the LIVING PROOF of a REVERSE SPLIT above.
z
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