Replies to post #393 on Sector 5 Inc. (fka SFIV)

[Jamie7613]

The way I see it we could do a 3 for 1 just to take the 20 million outstanding to 60 million of the 75 million authorized.

then we could do another 4 for 1 and that would get us to 240 million

They defiantly have not been selling any shares on the open market. Not in the millions at least.

[PRmaniac]

I'm confused about this. Will have to wait until they possibly report share structure info in their already-delinquent SEC 10K, if they do so. They filed a NT 10K, but I believe that was already late when they did. 10K must be filed 15 days after the due date, and that 15 days already passed, so they are in delinquent status. Their OTCQB status may be in jeopardy, as being current is one of the requirements of OTCQB tier, I think.

OTC shows 75,000,000 authorized shares, with last update by T/A in late November 2016. I'm guessing the T/A may be gagged, but have not tried contacting them for current share structure.

I believe they need to file a schedule 14 info statement with the SEC, which is reviewed for compliance. 10 days later, they can file a definitive info statement (14C, I believe?).