Replies to post #187212 on Stella Diagnostics Inc (SLDX)

[shanak10]

I sold most of my shares. So hoping for the rest that it goes up a little more.

[Kool Aid Man]

Apr 7, 2018 — I have acted as legal counsel for 3D Eye Solutions, Inc. (TDEY or the ... The Company has nine billion (12,000,000,000) authorized shares of which 7,259,674,499 shares of common stock issued and outstanding.)

That was the attorney opinion letter. So this ticker had 9 billion (or 12b. Simon Kogan's letterhead reads "c/o Clove Lakes Healthcare and Rehabilitation Center, Inc" where he was recovering from a stroke so I assume the 12b is a mistake).

POINT BEING... new management pulled a 1-for-50,000 R/S BUT only reduced the A/S from 9 billion to 1 billion. IF they had reduced the A/S by the same amount it would have been a mere 180,000 shares.

So all things being equal, the 1 billion A/S (cough cough) "reduction" was actually equivalent to a gigantic increase in the number of shares... +555,455% if my math is correct. And that O/S of 7,259,674,499 which was reduced to by the R/S to 145,193 has since exploded to >>96,365,470<< ...equivalent to a pre-R/S increase of >> +66,271%

This is how scam tickers destroy old shareholders then move on to repeat the process.