Wednesday, November 24, 2021 2:02:20 AM
They got sued for over $1,000,000 so they have to issue stock in order to pay the judgment. It's all black and white from what I just posted to you.
How do you want to spin something positive out of this?
A reverse split of 1:1000 mathematically enables the share price to be increased by a factor of 1,000 ( which it actually will never trade at because post reverse split OTC stocks go down 50% to 70% within a few days of the split). The AS will remain the same as it is now and there will be adequate enough share issuances to the plaintiff to service this judgement.
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM