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Re: tw0122 post# 3124

Tuesday, 01/04/2022 2:03:16 PM

Tuesday, January 04, 2022 2:03:16 PM

Post# of 3176
After the split:

"Reddington will purchase an additional tranche of shares of common stock from the Company such that after the issuance thereof Reddington shall own 90% of the total issued and outstanding shares of the Company’s common stock"
https://www.otcmarkets.com/filing/html?id=15285364&guid=RfSwkHUxZWc5Oth

Reddington owns about 42% pre split, 21,136,250
https://www.otcmarkets.com/filing/html?id=15285471&guid=RfSwkHUxZWc5Oth

Current share structure
Authorized Shares 50,000,000 01/03/2022
Outstanding Shares 49,398,621 01/03/2022

Post split share structure will be
Authorized Shares 50,000,000
Outstanding Shares 989,972

Reddington post split shares will be 422,725 so Reddington will have to purchase a lot of shares to get to 90%.


It's nice to have a lot of horsepower in the engine room but you need some in the wheelhouse too.

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