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Sunday, July 12, 2020 12:04:35 PM
At least a half Billion shares owned by former CEO (and possibly others) are expected to be cancelled and returned to company treasury (reducing the OS).
Former CEO has already been barred via court order from buying, selling, and issuing any penny stock.
Huge reduction in Authorized Shares expected to occur after share cancellations. Note: The AS was increased to current level by former CEO. He was sued and lost control of the company.
Updates from new CEO expected soon.
$CUBV
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