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