Sollensys Corp. (SOLS)

[ThePennySlayer]

DD update...more great news...

So I have continued to dig and piece together this puzzle that we are being pleasantly surprised by and I have found some more information that I think all investors will be thoroughly interested in. As per the last 10Q submitted by David Lazar SOLS share structure is as follows.

1.5 billion AS
500 million OS
100 million float
400 million restricted shares (owned by former CEO of SOLS)

So what is the good news. The 400 million restricted shares are owned by the last CEO of SOLS which gave up ownership of said company in 2012 which to my understanding negates all ownership of said 400 million restricted shares by former CEO thus returning the 400 million shares to SOLS. Which means if they retire those shares the float as well as the OS would be 100 million pre split and 8ish million post split. I do not claim to be a legal guru when it comes to these matters so if anyone out there knows of some reason this would not be the case please let us now....

Common Stock

On September 29, 2010, the Company issued 263,380,000 common shares to its Chief Executive Officer at the par value of $0.000008 per share or $2,000 for compensation upon formation of the Company.


On December 1, 2011, the Company issued 131,690,000 common shares to its Chief Executive Officer at $0.00038 per share or $50,000 for compensation.