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As of November 21, 2014, our authorized capital stock consisted of 1,000,000,000 shares of common stock, $0.001 par value per share, and 5,000,000 shares of preferred stock, $0.001 par value per share. Our board of directors may establish the rights and preferences of the preferred stock from time to time. As of November 21, 2014, there are 347,994,953 shares of our common stock issued and outstanding and 0 shares of preferred stock issued and outstanding.
347994953 x 0.202 = 70 294 980 usd, they are under that level of 75million dollars...
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As long as SLTD's public float is $75 million or greater w/in 60 days of filing, it was eligible to file the S3 without being subject to the 1/3 rule and also despite being traded OTC.
They will get to 75mil offcourse, this also seems to be what nelson knows and wants.
He also noted some time ago, we will epxect a higher stockprice in the coming next year, so i'd rather start calculating that 50 million raise with stocks being at 50 cents at least.
We still have the cell to boost the pps,
the closing of this fiscal year
the closing of the latest acquisition
the other two acquisitions, and now i start asking, why did he actually said exactly 2 more.
I think he already has 2 others he's negotiating with, why would he drop two in stead of just 'others'.
So maybe, you can start working with even more then 50cents say .75-1?
That won't cause such big dilution would it.
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