Total shares authorized: 5,500,000,000 shares as of: 12/31/2014 In January 2015, the issuer reduced total shares authorized to 2,000,000,000
Total shares outstanding: 760,927,362 as of: 12/31/2014 Total Restricted outstanding: 553,129,887 as of: 12/31/2014
"WHY SUCH A SMALL O/S" YOU MIGHT ASK? THAT'S BECAUSE---
On October 3, 2014, the issuer completed a 100 to 1 Reverse Stock Split (THEN HE SAYS)-- On January 16, 2015, the issuer re-domiciled to Wyoming, The issuer reduced the authorized Common shares available for issue from 5,500,000,000 (5.5 Billion) to 2,000,000,000 (2 Billion) shares
SO WHILE FAST EDDIE & CO REDUCED THE O/S BY 100X HE ONLY DROPPED A/S BY 1/3RD WHICH ACTUALLY EQUATED TO A GIANT "INCREASE" ON A PROPORTIONAL BASIS. HAD HE REDUCED THE A/S BY THE SAME 100X IT WOULD HAVE BEEN 55 MILLION. BUT IN REALITY HE BLEW UP THE A/S BY +3,536.36%!!!!
AGAIN, IF THE O/S TWO MONTHS AFTER THE R/S EDDIE REPORTED MEANS THAT THE PRE-R/S "Total shares outstanding: 760,927,362 as of: 12/31/2014" WOULD HAVE BEEN OVER >>76 BILLION<< (76,092,736,200) BEFORE THE R/S??? AND THE "Total Restricted outstanding: 553,129,887 as of: 12/31/2014" WOULD HAVE BEEN OVER >>55 BILLION<< (55,312,988,700) BEFORE THE R/S.
HOW IS THAT EVEN POSSIBLE? COULD IT BE BECAUSE HE PULLED THE R/S IN OCTOBER 2014 BUT KEPT THE A/S AT 5.5 BILLION UNTIL JANUARY 2015??
REGARDLESS, IF JUST THE O/S WAS 761 MILLION AS OF 12/31/14 AND IT'S SUPPOSEDLY 3 BILLION TODAY THEN THE O/S HAS INCREASED OF +294%.
EDWAD WENT ON TO INCREASED THE A/S FROM 2 BILLION TO 3.5 BILLION ON 5/7/2015 THEN DOUBLED THAT 9 MONTHS LATER TO 7 BILLION ON 2/16/2016 DESPITE HIS LAST DISCLOSURE BEING ON 12/3/2015 (FOR Q3 2015) WHICH SAID:
Total shares authorized: 3,500,000,000 as of: 09/30/2015 Total shares outstanding: 2,969,209,834 as of: 09/30/2015, STILL NOT CONTENT HE UPPED THE A/S TO 8 BILLION ON 10/18/2016.
Do not buy, sell or make any investment decision based any information or opinion I post. Conduct your own DD.
