OMG! THIS IS CRAZY CHIT!!! WOWWWWWW. LOOK AT THIS...Net income per common stock $2.25 NET ORDINARY INCOME $ 7,370,749,956
TOTAL OPERATING INCOME $ 7,381,845,138 EXPENSES Consulting Expense 27,048 Payroll Expense 5,437,503 Preferred Stock Dividend 5,562,906 Printing & Reproduction 1,500 Professional Fees 30,000 Rent Expense 18,000 Transfer Agents Fees 14,061 Travel 4,164 TOTAL EXPENSES 11,095,182 NET ORDINARY INCOME $ 7,370,749,956 EARNINGS PER SHARE (NOTE 5) NET INCOME PER COMMON STOCK (BASIC) $ 2.25
WOW!!! Here is the story! very interesting read...
Formation of Protective Capital Structure Corporation’s (PCSO) “Proprietary BCLOC Securities” coincided with the meltdown of the global financial markets (around 2008 and 2009) when market price for PCSO stock had dropped to $.002 per share. Hence, the Company conducted a 100,000:1 reverse stock split to an average price of $21.54 per share to initiate private negotiations with institutional investors. Considering the facts and circumstances surrounding the markets at that period, Protective Capital Structure Corporation agreed with its clients to sign their binding commitments at a privately negotiated fair value of $20 per share (instead of $21.54), for all Promissory Notes signed by the Company in 2008 to create a BCLOC Security or the Special Purpose Limited Corporation (SPLC) Notes https://pcso1.com/wp-content/uploads/2020/01/PCSO-SEC-15C2-11-3RD-QUARTER-REPORT.pdf
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