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Re: Due Diligence Virtuoso post# 33975

Thursday, 04/18/2024 12:59:34 PM

Thursday, April 18, 2024 12:59:34 PM

Post# of 34266
That is correct. There in the midst of a name and symbol change. Changes in the share structure other than what has been already filed during the application period with FINRA has to remain intact, or FINRA will simply withdraw the application until it reflects new adjustments. All the preferred and issues of any changes in share structure will come after the FINRA final approval. We know what is out there currently.

The above part was in reference to your post before this one.

As you say, pretty much debt free. The new company is starting on a great solid footing. The share structure increase is unusual and will bode well for ROI. There was plenty of liquidity under the previous share structure and I believe as I mentioned before that the new restricted share structure maybe asset based. Any additional workings with respect to preferred, warrants and convert will be made under the new entity.

Looking forward to the new company.

Have a good day.
varok
Bullish
Bullish