Replies to post #26901 on GenTech Holdings Inc (GTEH)

[LongFutureShot]

Does the RS apply to the AS? Or does it just apply to the OS.
We’ve got 7.5B OUtstanding shares currently so this will put us to nearly 1million OS.

[NewTrader2017]

A fair chance that FINRA will reject this and they have to survive with the current share structure.

Recently many R/S is declined by FINRA.

[Slojab]

No. The A/S is still 25B.

The Corporation is authorized to issue two classes of shares to be designated, respectively, "Preferred Stock" and "Common Stock." The number of shares of Common Stock authorized to be issued is Twenty Five Billion (25,000,000,000). The number of shares of Preferred Stock authorized to be issued is Two Million Five Hundred Thousand (2,500,000). The Preferred Stock shall have a par value of $0.0001 and the Common Stock shall have a par value of $0.00001 per share.