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Re: None

Friday, 08/14/2020 7:54:54 PM

Friday, August 14, 2020 7:54:54 PM

Post# of 7258
If this was my company and I did a reverse merger with a viable entity this is how I’d do it (I’m 100% guessing).

Presently Issued Outstanding: 842,000,000 (16.8%)
New-co Issue: 4,160,000,000 (81.2%)
Reverse split: 100 for 1
New structure: 50,000,000
Float: 8,420,000
Then ask board to increase the authorized shares.

Then, off to the races with a new company and they’d control 80% and start paying the fees to be fully reporting.

But, it’s not my company and the only thing going on is….. WHO KNOWS?