At least FUTL is not diluting their stock!... The number of shares of the registrant's Common Stock issued and outstanding was 28,144,092 shares as of June 25, 2015. Outstanding Shares 1,343,534,821a/o Sep 01, 2017.
FUTL has been extremely careful about increasing the share count. Since May, 2015 (post 1:400 r/s), until today, frugal FUTL has only increased the O/S by: 1,315,390,729! Only One billion, three hundred fifteen million, three hundred 90 thousand, seven hundred twenty nine! You see? A very anti-dilutive company! Yayyyyyyy! Bless you!
Over 1.3 billion shares increased, and what did it get them? No business, no revenue, no nothing. Where did the shares go? Were they illegally transferred to a family member, who then turned around and sold them in the open market? Or illegally removing the restriction legend from a cert, then selling the shares? It's been done before, plenty of times. Spongetech Delivery Systems did this and got caught. They phonied up Certs (with the help of a crooked lawyer), then canceled the restriction, then sold the shares. The two co-owners stole $52,000,000 from the shareholders. $52 million, while the shareholders stuck their heads in the sand, convinced this was a HUGE company!
Read all about it! Spongetech busted! (This is how it's done, folks):
When a company raises the O/S that much and has absolutely nothing to show for it, it's suspicious to say the least. It makes you think of all kinds of nasty things may have happened. Maybe Talari or Cox would like to clarify this? LOL. Oh sure, you betcha!
p.s. By the way, Spongetech totally lied about their revenue to everyone.
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