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Thursday, May 11, 2023 7:35:52 PM
Increasing the A/S could indicate they are selling unregistered securities - which is another big problem.
So there isn't any filing Obligations to file a Form 3, 4 and 5 or a Form 13D.
That is why they call these OTC Form 15 companies Dark because the retail shareholders never know what is going on with the company.
There isn't any reason to increase the A/S unless the insiders are going to enrich themselves further.
IG
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