How did the float get so high? I thought the free float was still what it was when Jeff bought this shell.
Section 2.6 Authorized Shares . The Seller represents that as of the Closing the total number of authorized shares of common stock of the Company shall be 75,000,000, par value $.001 per share, and that the total number of shares of common stock of the Company issued and outstanding shall be 1,355,401, including the Shares.
And Jeff owns 1mm of the 1.355m shares.
Where or how did you get that, 'Current Float 49.7MM'
How did the free float go from 355K to 50MM?
I know I stayed away from this, but dern, that is a big jump.