Actually the outstanding share count was much lower than that at the end of Q2 per the Q2 filing. The latest update suggests that 39 million shares converted since the last update, however 55 million restricted shares cashed out reducing the number of the OS. So actually 94.4 shares converted since the last November 1st update. 509.5 million new shares for Q3 and 298.9 million new shares so far for Q4. LABRYS alone ensures that the the dilution will continue into the foreseeable future and at these lower prices the number of new shares will be increasing.
https://sec.report/Document/0001721868-21-000524/ Authorized and outstanding [color=red]The Company has authorized 10,000,000,000 shares with a par value of $0.01 per share. The company has issued and outstanding 2,601,515,456 and 2,027,085,665 shares of common stock at June 30, 2021 and December 31, 2020, respectively.[/color]
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