Same share structure for the past few months. Nice!
Current share structure for Q LOTUS HOLDINGS INC as of October 13, 2014: Authorized #: 800,000,000 Outstanding #: 797,757,714 Restricted #: 461,908,000
Current share structure for Q LOTUS HOLDINGS INC as of December 19, 2014: Authorized #: 800,000,000 Outstanding #: 797,757,714 Restricted #: 461,908,000
"In a private placement the Company sold 248,900,000 common shares for cash consideration of $282,000 and the remainder for services rendered and debt assumed."
Why is the company resorting to increasing the A/S when insiders can turn in their commons for non-dilutive preferred stock on a lock down basis? $QLTS.