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Re: StockLogistics post# 574

Sunday, 08/22/2021 11:53:07 AM

Sunday, August 22, 2021 11:53:07 AM

Post# of 605
R/S and dilution:

“The Company has an agreement with certain investors to convert their investment into common stock of the Company at a price equal to the average value of the stock over the previous Nine months. The conversion is contingent on the Company effectuating a 1-for-100 reverse stock split and upon a change in the Company’s name. As of March 31, 2021, and June 30, 2020, the Company has received a total of $217,784 and $242,715 respectively.

On August 20, 2020, certain investors agreed to accept 25,000,000 shares at an average price of approximately $0.001 in exchange for $24,931 of previously paid subscriptions.“

From latest 10-Q.

my posts are always theory and not financial advice

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