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lesgetrich

09/27/20 11:01 AM

#106545 RE: MD-420 #106542

LOL They may as well set the authorized shares (AS) at one trillion. It doesn't mean anything unless they actually issue them. Setting a high AS merely makes it unnecessary to raise it multiple times and have people like you criticize them for it. Their old AS was 560 million shares and needed to be raised since the outstanding shares (OS) had already surpassed 500 million and more shares were required to complete the merger with First Bitcoin. Their current AS is 2 billion shares, not 3 billion as you falsely claim, while their OS after the merger is 771,874,596 shares.