Replies to post #24457 on Rich Pharmaceuticals Inc. (fka RCHA)

[Ferdenando the Bull]

This might shed some light :

"As a result, our current authorized shares of 2,000,000,000 is insufficient to cover the estimated 23,519,152,853 shares of common stock necessary for issuance upon exercise or conversion of our stock options and warrants, convertible debt and issuances under the equity line and stock incentive plan."

I surly have question on why anyone would state the new par value of the stock is .001 so was the old...just saying.

Form 10 Q Sept: Common stock, $0.001 par value, 2,000,000,000 shares authorized, 880,678,573 and 101,446,215 shares issued and outstanding.

Pre 14 C recieved 3-2-18 :At present, the company’s articles of incorporation, as amended, authorize the issuance of 2,000,000,000 shares of common stock, $0.001 par value and 10,000,000 shares of preferred stock, $0.001 par value. The articles of incorporation of RCHA in Wyoming authorizes the issuance of 40,000,000,000 shares of common stock, $0.001 par value and 10,000,000 shares of preferred stock, $0.001 par value. Like our prior articles of incorporation, the articles of incorporation of RCHA in Wyoming provides that the preferred stock may be issued in one or more series, that RCHA’s board of directors is authorized to fix the number of shares of any series of preferred stock to determine the designation of such series, and to determine the rights, preferences, privileges, and restrictions granted to or imposed upon any wholly unissued series of preferred stock.