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Re: alexbh2285 post# 6596

Thursday, 11/12/2020 6:01:42 PM

Thursday, November 12, 2020 6:01:42 PM

Post# of 22206
Thanks for the explanation, that lowest price (at some time) allows for conversion of debt into shares at that price. Given that ordinary share holders cannot sell or buy at less than .0001, which debt-holders are able to trade at sub-.0001/share prices?

Re there being over 5.2B shares outstanding -- do you have a public/published reference for that?

The latest financial statement I could find, published at "2020-08-27 17:18:28" for the period ending 2020-06-30 -- amended quarterly report "WCVC 10-Q/A1 06/30/20") -- is here:
https://sec.report/Document/0001469709-20-000082/

which says that outstanding common shares are:
"Common shares issued and outstanding as of August 18, 2020: 3,452,755,288"

Of course, 3.45B shares are still a lot of shares ... but, again, is there public/published info that confirms that the O/S is now, as you say, over 5.2B?

Thanks for your input.
--
p.s. I just realized that ihub itself:
http://ih.advfn.com/stock-market/USOTC/west-coast-ventures-pk-WCVC/financials

says O/S is 4,232,755,289 as of 09/01/2020. That in itself is a pretty big jump (780M shares).

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