Did Stella effect a reverse merger with_JMDP in which they (Abdo) will becom3 the surviving entity?
Are Leinwand, Welner, Wainstein and their cohorts still involved in the management of this ticker in any shape, form or fashion? How much of the company do they still own? If so...
Why are they still named as directors on OTC and why haven't the new directors been added?
Total shares authorized: 12,000,000,000 as of: 07/19/2016 Total shares outstanding: 7,259,674,499 as of: 06/30/2016
Leinwand & Welner pulled a 1-for-50,000 reverse split on 3/8/2019. The day before investors who owned 1 million @ .0001 ($100 value) woke the next day with 20 shares @ $5.00 (also $100) and were soon destroyed when the PPS fell back to pennies.
If they had reduced the A/S by the same amount the 12 billion shares would have only been 240,000!!! Instead, they effected a gigantic percentage increase in the O/S by declaring it to be 1 billion. And in the 2 years since they've issued and burned thru a huge portion of that when compared to the pre-R/S
Do not buy, sell or make any investment decision based any information or opinion I post. Conduct your own DD.