Support: 888-992-3836
Copyright © 2023 InvestorsHub Inc.
Replies to post #175557 on Minerco Inc (fka MINE)
Asher78
08/08/14 3:09 PM
#175562 RE: StockScout1 #175557
By Securities Law there has to be enough shares held in Preferred Reserve to cover all Classed of Preferreds. Those shares of Common held in reserve for that purpose go to Outstanding Shares and NOT to FREE TRADING shares thus no dilution. USE TODAY'S TA REPORT AS AN EXAMPLE and please do you own math. As of August 8, 2014 Shares Outstanding: 2,443,429,701 Total 154 Shares RESERVED: (52,000,000) Active 30 -------------------- Shares available to issue: 1,004,570,299 Free Trading Shares: 2,419,831,277 UP -0- Cert Outstanding: 2,432,179,701 Book Outstanding: 11,250,000 How hard is that to understand?