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Monday, January 27, 2014 11:48:59 PM
Check this out the way I laid it out from the various regulatory websites. What this shows me, is that the ALLOWED SHARES (AS) was decreased by 900 million shares to the 1,600,000,000 figure. The Nevada website doesn't show us the OUTSTANDING shares currently, but we know it was 1,535,125,593 a/o Dec 18, 2013. Given that the AS is now being descreased, I expect in the near term, we see the OS reduction of 540 million that was reference in the PR soon as well.
GUYS!! This is BIG!! Not only is the new CEO reducing the OUTSTANDING shares, he is also REDUCING the ALLOWED shares! This means we can trust the guy even more so than we thought! No ability to dilute when your REDUCING the ability to dilute, so to say.
GO LVGI $$$
Navada Securities website
File Date: 1/24/2014
Par Value Shares: 2,500,000,000
Value: $ 0.001
Total Authorized Capital: $ 2,500,000.00
Par Value Shares: 1,600,000,000 Value: $ 0.001
Total Authorized Capital: $ 1,600,000.00
File Date: 10/23/2013
Par Value Shares: 500,000,000 Value: $ 0.001
Total Authorized Capital: $ 500,000.00
Par Value Shares: 2,500,000,000 Value: $ 0.001
Total Authorized Capital: $ 2,500,000.00
From OTCMarkets
LVGI Security Details
Share Structure
Market Value1 $1,074,588 a/o Jan 27, 2014
Shares Outstanding 1,535,125,593 a/o Dec 18, 2013
Float 1,525,125,953 a/o Dec 18, 2013
Authorized Shares 2,500,000,000 a/o Oct 24, 2013
Par Value Not Available
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