Hope there are some people ready to absorb some shares and fast!
"Additionally, concurrently with the execution of definitive agreements, the Company is required to issue common shares to the Investor representing a dollar value equal to one percent (1.0%) of the Commitment Amount (the “Commitment Shares”), which equalled 29,069,768 Commitment Shares ( calculated at the applicable Purchase Price on the trading day immediately preceding the execution of the definitive agreements), which shares have not yet been issued. By mutual understanding between GHS and us, we plan to issue the shares after the Company’s Definitive Form 14C (“14C) is filed on the SEC Edgar System, we have mailed the 14C to our shareholders, and our authorized share increase is approved by the state of Nevada, which we anticipate will occur by mid-July 2023."
Common stock to be offered by the Selling Stockholder Up to 400,000,000 shares.
Shares of Common Stock outstanding before this offering 1,878,356,854 shares.
Shares of Common Stock outstanding after this offering 2,278,356,854 shares.
"Shares eligible for future sale may adversely affect the market price of our common stock, as the future sale of a substantial amount of outstanding common stock in the public marketplace could reduce the price of our common stock.
The market price of our shares could decline as a result of sales of substantial amounts of our shares in the public market, or the perception that these sales could occur. In addition, these factors could make it more difficult for us to raise funds through future offerings of our common stock."
Nice news for Friday after hours. You know, the same time companies fire employees........
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