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Ivegotanace2

08/08/17 8:45 PM

#39709 RE: sludgehound #39707

The A/S was increased by 5 Billion? When did this take place? Can anybody verify this info? If it's true that's just a whole lot of shares and might have a hard time getting back to the .002's IMO
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Marxbys

08/08/17 8:49 PM

#39712 RE: sludgehound #39707

MMEG Reduction in authorized capital by $3,955,000 (was $5,000,000 - 3,955,000 = $1,045,000) Par value reduced down from .001 to .0001 A/S = 9,995,000,000. Could mean share buyback and add value to shareholders. $MMEG
https://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=Hl5NakkHa2WAYIQE7gyj2A%253d%253d&CorpName=MOMENTOUS+ENTERTAINMENT+GROUP+INC
https://www.dwf.law/news-events/legal-updates/2014/11/reductions-of-capital-what-are-they-and-what-can-they-be-used-for/
$MMEG