Monday, October 09, 2023 12:38:35 PM
per the filing, the AS will be 500m post-RS,
thus my earlier posts noting (AS / OS) ratio
would be increasing 5x if mark enacts this split.
of course, the filing also incorrectly cites "4.45m" post-RS OS
vs the actual 47m of current OS divided by 50.
so maybe mark just typo'd the most important numbers in the filing?
[[ Upon effectiveness of the Reorganization, we will have 500,000,000 shares of common stock authorized, each with a par value of $0.0001 and approximately 4,454,000 [sic] shares of common stock outstanding. ]]
https://www.sec.gov/Archives/edgar/data/1550222/000118518523001030/mikp20230928_pre14c.htm
99.99% of all pinks are scams. Best to assume the other 0.01% are as well.
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