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Re: Biotechotcguy post# 7356

Monday, 04/22/2024 7:24:25 PM

Monday, April 22, 2024 7:24:25 PM

Post# of 7537
A few other things gotta happen first...

"Didn’t realize this was released on the 17th": This prospectus relates to the offer and sale... of 2,304,316,461 shares of common stock...

Still awaiting this from 4 Jan 8K:

At the Annual Meeting, the Company’s stockholders approved an increase the number of authorized shares from 500,000,000 to 3,254,475,740

To be followed by this from Dec '23:

an amendment to effect a reverse stock split of the Company’s Common Stock, at a ratio in the range of 1-for-1,000 to 1-for-100,000

So...

1. Bump the A/S to 3+ Billion
2. Sell those 2.3B additional S-1 shares into the O/S
3. Then R/S the whole shebang.

GLTA
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