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Sunday, 11/21/2021 8:34:51 PM

Sunday, November 21, 2021 8:34:51 PM

Post# of 48252
On July 20, 2021 a Form 1-A Regulation A Offering Circular dated June 9, 2021 and its exhibits were filed with and qualified by the Securities and Exchange Commission (the “SEC”). During the months of July and August 2021, the Company entered into Subscription Agreements with Investors to offer shares of its common stock at a purchase price of $0.015 per share for total gross proceeds of up to $5,000,000. Proceeds to date are $3,125,000 with a total of 208,333,333

A total of 1,322,822,904 common shares were issued and outstanding as of June 30, 2021 (latest 10K)

As of October 12, 2021, registrant had outstanding 1,617,727,059 shares of common stock (latest 10K)

Outstanding Shares 1,728,838,127 11/19/2021 (otcmarkets.com)

So basically since June 30th there has been 406,015,223 shares issues.
Yet if all 5 million was raised from the 1-A Offering only 333,333,333 shares (5 million divided by .015) should have been issued.
Sure appears more than the 1-A shares are being issued which also tells be dilution is not only ongoing, but we will not know when it’s done until the Company says so. Why are additional shares being issue and for what? As far as we know they may plan to dilute the whole 5 billion A/S.

If anyone else has insight I’m all ears. All I was trying to do was figure out when the 1-a offering might be done but all doesn’t add up.

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