AIAdvertising Inc (AIAD)

[sello]

It was nice to get acknowledgment that an amendment was needed. Emailed him again this morning to give some warning of trying to come with anything other than a reversal. I think they understand they screwed up. The best thing to do is claim it was inadvertent, return the shares, and move on.

The good news is that it looks like none of the shares hit the float yet so there would be no need to repurchase, just return to the treasury. Shares held at DTC is unchanged despite the shares showing in unrestricted.

07/17/2020

Unrestricted 604,995,352

Held at DTC 564,781,670 (unchanged)

If an issuer’s securities are DTC eligible, it will hold an inventory of free-trading street name shares on deposit. These free-trading shares are also known as the “public float.”


https://www.securitieslawyer101.com/blog/what-is-dtc-going-public-securities-lawyer/

If they do what they should do we will push +.02 next week. If they try to wiggle out with some BS, probably won't be doing much of anything.

Let's see how they play it.

CLWD!!