FACT! Per the Company authored June 30, 2018 financial report, the KGET Share Structure was reported to be as follows:
AUTHORIZED SHARES -- 20 BILLION
OUTSTANDING SHARES -- 13,043,261,280
(Both of these numbers were posted to OTC Markets and verified by the T/A)
Two months later, but only 13 days after the June 30 financial report was posted on OTC Markets, the Share Structure was changed on August 27, 2018, but there was no public disclosure to explain what prompted the very significant adjustment!
AUTHORIZED SHARES -- 5 BILLION (a 4X reduction)
OUTSTANDING SHARES -- 702,064,742 (a nearly 20X reduction)
On September 30, 2017 the FLOAT was Company-verified to be 11,675,251,901! It is very safe to assume the FLOAT, i.e. the free trading shares, did not decrease over the last year! Actually, the FLOAT most probably increased!
So what happened to roughly 12 BILLION FREE TRADING SHARES??? 12 BILLION FREE TRADING SHARES DO NOT JUST DISAPPEAR!
REST ASSURED THIS BLATANT COMPANY DISCREPANCY HAS BEEN REPORTED TO FINRA! The regulators are "on it", but the investigation, per usual, will take some time!
If the August 27, 2018 reported Share Structure were to be true, the volume for the last six trading sessions makes absolutely no rational sense whatsoever!
8/31 -- 166,998,500 (23.8% of the reported Outstanding shares!)
9/4 -- 456,240,500 (65.0% of the reported Outstanding shares!)
9/5 -- 308,785,100 (44.0% of the reported Outstanding shares!)
9/6 -- 181,555,700 (25.9% of the reported Outstanding shares!)
9/7 -- 108,318,000 (15.4% of the reported Outstanding shares!)
9/10 -- 286,298,200 (40.8% of the reported Outstanding shares!)
These volumes are ridiculous, if the Outstanding share count were to actually be 702,064,742. Sure! Volumes can change significantly, due to price volatility, but the KGET share price has not moved! A grand total of 1,508,196,000 shares have been traded over the last six sessions, which represents 215% of the "purported" Outstanding share count! YEAH RIGHT!!!
THE CURRENT LISTED KGET SHARE STRUCTURE IS PURE UNADULTERATED BULLSHIT!
IMO...barring the Share Structure being "explained" as an "unintended error", there a reasonable possibility that KGET will finally be de-listed!