"Acknowledgment of Dilution. The Company understands and acknowledges the potentially dilutive effect to the Common Stock upon the issuance of the Shares. The Company further acknowledges that its obligation to issue the Shares in accordance with this Agreement, and the issuance of such Shares is absolute and unconditional regardless of the dilutive effect that such issuance may have on the ownership interests of other shareholders of the Company."
The company may be still working but what work are they really doing ??? Are they working for earnings? revenues?
Are they working for shareholders?
Or are they working just for themselves?
Possibly, could they be working on fixing the printing press they may have? Did anyone call the T/A today to see what the Share Structure changes are,,,,, lmao !!!!!!!!
Sit back and you may see the number of CHIT shares you own significantly dwindle due to the inevitable REVERSE SPLIT that I believe will happen soon followed by some very MASSIVE POST-SPLIT ISSUANCE OF SHARES in my opinion.
REVERSE SPLIT COMING !!!
REVERSE SPLIT THE ONLY THING THAT WILL BRING THIS STOCK PRICE BACK UP IN MY OPINION...
..of course that too may be short lived depending on how many POST-SPLIT SHARES CHIT ISSUES !!!!