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Saturday, May 18, 2024 4:45:49 AM
The 9.7 million shares O/S is a lot for the reason below.
Don't forget that is after two major reverse splits and two smaller ones:
Capital Change=shs decreased by 1 for 500 split Pay date=05/02/2011.
Capital Change=shs decreased by 1 for 20 split Ex-date=04/04/2014.
Capital Change=shs decreased by 1 for 1500 split Ex-date=04/09/2018. Pay date=04/09/2018
.Capital Change=shs decreased by 1 for 500 split. Ex-date=06/28/2022. Pay date=06/28/2022.
If the 9.7 is multiplied by 2520 (total of reverse splits) comes to 24.4 billion shares O/S.
That's the reason why SCAM companies like DTII do reverse splits,so as to mask what is really going on. Real companies do a reverse split so they can qualify to uplist to a higher exchange IE: Nasdaq.
Not the case with DTII.
After the last reverse split they had a few hundred shares O/S and in a short period in time it has gone to 9.7 million, with more to come.
Also when they did a reverse split the authorized usually reduces by the split amount. DTII did not reduce
the authorized amount which is still 600 million.
Right POCO.
Recent DTII News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/28/2023 08:26:16 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/20/2023 10:23:35 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 12/15/2023 07:42:45 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/25/2023 08:12:07 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 09/15/2023 05:22:20 PM
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 08/25/2023 09:10:05 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 08/15/2023 09:15:27 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/11/2023 09:21:47 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 07/31/2023 06:45:49 PM
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