Thursday, July 16, 2020 10:22:07 AM
Yes, it absolutely matters and I explained the reasons why. How can it be such a contradiction in the same sentence? If the point here is the supposed mega dilution, why doesnt matter to have non toxic finance to control dilution? Please share with us the reason why it doesn't matter.
Also I recommend you to study the difference between OS (Outstanding Shares) and AS (Authorized Shares). Looks like you don't know the difference:
Companies need dilution to grow, the important thing is to have it controlled. Good news is that for the case of VRUS, it has been around 10% in one year and in the last 8-K filed announcing White Lion deal it didn't change in 15 days vs. previous one reported in the last 10Q, so it looks like the dilution generated by the conversion of notes is already finished as it also looks like in L2 with the MMs present and the type trading in the last days:
(2,593,435,051 - 2,290,449,898) / 2,290,449,898 = 13.2%
Following is the evidence of what I'm saying:
According to Form S-1 filed on June 7 2019, outstanding shares as of June 5, 2019 were 2,290,449,898
https://www.otcmarkets.com/filing/html?id=13482020&guid=jz8FUnRCUJdMbth
According to Form 10-Q filed on June 22 2020, outstanding shares as of June 15, 2020 were 2,593,435,051
https://www.otcmarkets.com/filing/html?id=14231513&guid=jz8FUnRCUJdMbth
According to Form 8-K filed on July 2 2020, outstanding shares as of that date were were aproximately 2,594,000,000
https://www.otcmarkets.com/filing/html?id=14257168&guid=jz8FUnRCUJdMbth
Also provide us the proof that it will go to triple zero
Caps lock don't make arguments correct.
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