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Big Brother

05/14/17 7:28 AM

#29 RE: Hanibal #28

I don't get that, there were 5,140,319 shares of common stock outstanding prior to a 1,428-for-1 forward stock split, how does that come out to 1,000,055,532 shares....??

Whatever the case that's just WAY too many shares o/s for me, even for an Asian ticker. I might go 250M tops on an Asian stock but that would be it, US I generally like to stay under 100M, maybe 150M if the DD looked really interesting.

This is actually a pretty big company, think I recall that just one of their subsidiaries has over 1000 employees, but prob going to end up passing on this one.
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Big Brother

07/18/17 4:32 PM

#30 RE: Hanibal #28

2:1 Reverse split on the way, they actually needed a bigger one after that ridiculous forward split they did.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12178528