Replies to post #12188 on Alkame Holdings Inc (ALKM)

[PRmaniac]

So 37 billion hares outstanding, per the accounting formula?
Just kidding. We all know they are likely getting close to 5 billion shares out, after all the dilution they have been doing.

Well, I'm guessing shortly after the reverse split there will be the equivalent of 37 billion shares out, on a pre-reverse-split basis.

FINRA won't approve a revere split for a company so delinquent, but there is hope they can find an accountant someday who is willing to sign-off on the numbers. So far, it doesn't look good for ALKM. Hopefully the SEC doesn't suspend them before they finally get in compliance with securities laws.

[notanoption]

And what balance sheet are you using?

[notanoption]

3 billion shares per the formula



Just kidding their isn’t any data to actually do this formula correctly

Thank you though