Found a screen shot of a OTC site update in a post from March 2024. The Unrestricted share count was reported to be less than 500 million for March 27th 2024. By the end of 2024 it was 6 billion shares unrestricted. Looking at 3 billion shares added to unrestricted since October 9th. Doesn't seem plausible that they managed to get so many free trading shares to dump within the rules so quickly. Looking at the posts at the time those shares were sold with what is a false narrative. I know, surprising to see in the OTC stinky pinks. 🙄 It isn't over by a long shot. They still have convertible debt on the books per the Q3 2024 report filed January 15th and the SEC qualification for the regulation A offering is pending. All this activity is reverse merger related and will run through 2025. Registration A Offering Filed 11/29/24 https://www.otcmarkets.com/filing/conv_pdf?id=18016117&guid=2N0-k6B5X34Jh3h Page 39 of the PDF Divestiture. Should we fail to have divested of our pre-closing operations, which divestiture shall include all debts, other than the trade payables of our company, as of the closing date of the Mexedia Acquisitions, on or before December 31, 2024, Mexedia SPA shall have the right, but not the obligation, to rescind the Acquisition Agreements.
AI
