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Thursday, June 17, 2021 8:34:43 AM
They issued over 300M stock just in April 2021, went from 460M to 770 M float, paying 80M to CEO, 100M stocks in “advisors“, lawyer fees, etc.
Your statement is patently false! The actual numbers don't lie. The increase in shares occurred over a year ago and was updated as it occurred on OTC Markets. From the current OTC Markets BTZI Security Details web page...
OTC Markets BTZI Securities page
![](http://investorshub.advfn.com/uimage/uploads/2021/6/17/zywerBTZI_Security_Details_2021-06-17.jpg)
Note: Outstanding shares as of 6/14/2021 = 776,874,596 shares and Float = 380,753,902 shares as of June 18, 2021. Note also that the majority of outstanding shares are restricted.
Now from the 1FQ21 10-Q thru 7/31/2020 Balance Sheet...
Common stock, $0.0001 par value, voting; 2,000,000,000 shares authorized; 771,874,596 and 505,374,596 shares issued, and outstanding, as of July 31, 2020 and April 30, 2020, respectively
The majority of the increase, which occurred from April 30, 2020 thru July 31, 2020 resulted from settlement of debts in preparation for the reorganization of the company from a Cannabis business to blockchain and cryptocurrency and the asset purchase and fees associated with the merger with First Bitcoin Capital. The increase in Outstanding shares was announced on July 8, 2020 (a year ago) in an 8-K and the outstanding shares were updated on the OTC markets website as the shares were issued in May thru July 2020. Only about 5 million shares have been issued since the reorganization in May 2020
BTZI 8-K dated July 8, 2020
Les
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