Tuesday, May 25, 2021 11:01:06 PM
Which means the current MC on OTC Markets based on 411m OS x $.0098 = $3.37m should be adjusted down, IMO.
It should be:
230m OS x $.0098 today’s close price = $2.25m MC. The 230m OS (reduced by 180m) is based on 180m shares that were lost per this Jan 2020 8-k: “The difference or 180 million shares was lost by the beneficiary. These shares were in the process of being returned to the treasury for a non-completed transaction, when the loss occurred. The insurance or bond expenditure is too cost prohibitive for the company to acquire the bond. Because of these shares’ restrictive nature and all sides in agreement of the loss it is in the managements opinion that this 180 million share tranche will most likely never enter the market.”
https://www.otcmarkets.com/filing/html?id=13853593&guid=HAnnUKuv_ee_Qyh
So, congrats to all the new investors who joined us today today.
Looking forward to seeing Delaware State registration showing current based on the filings that were started by the custodian last year per the Nov 2020 8-k: https://www.otcmarkets.com/filing/html?id=14516302&guid=HAnnUKuv_ee_Qyh
AND need to know what this CA company with ties to Chinese conglomerates is. June should be an interesting month!
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