WB Burgers Asia Inc (WBBAD)

[mrknight]

Hi guys, is it possible for anyone to update the share structure?

Sorry for my stupid questions. New in ihub and trying to wrap my head around to the 04.06.2021 10-Q. It states:

"After the amendment, total authorized shares were 700,000,000, 500,000,000 common shares and 200,000,000 preferred shares, both with a par value of $.0001.

On March 3, 2021, 1,000,000 common shares of the Company held and owned by Flint Consulting Services, LLC were cancelled and returned to the treasury of the Company. This action resulted in no shares issued and outstanding."

Someone stated that the float is around 30 mil. So there's 470 mil restricted shares? Where could i find the information about the number of restricted shares?

Also, how common is it for mergers to change the share structures? And at what point in the process they usually do it?


Thank You!