Replies to post #35429 on Trend Exploration Inc (TRDX)

[peafunke]

Ha! Totally missed that.

If that’s the case (2 Bil after RS) then this is sure to be doomed.

So I’ll retract my whoa-some outlook until something more concrete with details is put out there.

[positivealpha]

I read that two different ways

1) the number of common shares will be reversed split by 200:1 but they will be keeping the same number of shares on the book. Basically, they have them and are able to give to people/companies, maybe as an exchange for an acquisition. So the number of shares people like you and I own will only be 100 million, giving TRDX another 1.9 billion to dish out as they see fit.
2) That was as off 7/7/2020, so they did a share count (or the platforms did) and it was the number of common shares that were in place at that date that the reverse split will effect.

[TJG]

You may be right, but also lets remember this is a Asian company and the translation into the form could be a bit jumbled, their English is not as precise as if an attorney here prepared it....also you can do a RS with out having the Authorized shares changed.... but all it all it seems that filing is suspect thats for sure.