Wrong wrong wrong. There is new toxic lenders and new convertible notes. The Chinese shares are still a problem as noted in their own 10-12g. They haven't cancelled anything and they can't even prove the company is located in China.
"Chuguan Industry Co. Ltd., which the Company believes is located in Beijing, China, appears on the Company’s shareholder list as a shareholder of record for 1,500,000,000 shares of Company common stock. However, the Company’s research has uncovered credible documentation that these shares were cancelled and should not be listed as issued and outstanding. The Company continues to investigate the validity of the cancellation documentation in order to determine if these shares are actually outstanding."
A/S has not been decreased and remains the same in the filings and at NVSOS:
"Our Articles of Incorporation authorizes the issuance of 8,888,000,000 shares of common stock, of which 4,847,676,982 shares were issued and outstanding as of 31 October 2018. "
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