Replies to post #10224 on Defense Technologies International Corp (DTII)

[harby58]

There was a PR stating a reverse split was going to occur when it was over 10 cents. This was cancelled. The price increased to nearly 5 cents when the cancellation PR was released. During this time the the outstanding shares was very low compared the the authorized shares of 200,000,000. Management increased the outstanding shares to 191,000,000. Because of this, the price was pushed down. Now the O/S is basically maxed out(still very low compared to other stocks). They are currently in negotiations to secure funding for mass production of the scanner.

I would read Diggnuns DD Package for more info as well. Its the sticky post.