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Re: Top Penny post# 30472

Sunday, 05/12/2024 6:22:02 PM

Sunday, May 12, 2024 6:22:02 PM

Post# of 30702
Share Structure - Updated May 11, 2024

Transfer Agent Verified

No change - no dilution since the 100M reduction on April 23 - 18 days


Authorized Shares:22,000,000,000

Outstanding Shares: 12,760,268,251

Restricted: 940,101,702

Unrestricted: 11,820,166,549

Note 1: It is only the Unrestricted Outstanding Shares count that is relevant to immediate trading.

Note 2: The company confirmed that there will be no further conversions for 4 months [source: 'X' update April 8, 2024]

Note 3: More share cancellations planned [source: 'X' update April 29, 2024]

Note 4: Intention for share buyback ahead confirmed [latest source: 2024 Shareholder Update Letter].

Note 5: No reverse split confirmed again (for the 7th time) [latest source: 2024 Shareholder Update Letter].

Note 6: The company has now received approval to use the non-dilutive EB-5 Immigrant Investor Program to raise $20M for its current projects [latest source: 2024 Shareholder Update Letter].

Note 7: The company also has a comprehensive plan to raise $100M for future acquisitions and investments.

Note 8: The company also has $400K in cash coming in for 2 x ABA Canada license fees [source: PR dated March 11, 2024].

Note 9: The company also has secondary funding of $50M coming in to support its African, Canadian and US 6-picture film slate [source: Update on March 14, 2024].

Note 10: Market capitalization is projected to surpass $200 Million - fulfilling a criteria for uplisting to the NASDAQ [latest source: 2024 Shareholder Update Letter].

Note 11: Even before the future planned reductions and later share buyback, a market cap of $200M (higher expected) divided by the Outstanding Shares would equate to a pps of .0156.
Bullish
Bullish

Full career military veteran now spotting & trading stocks $.0001 to $1. Not a financial advisor. Do your own DD.