With APSI voiding 9,020,138 total shares, this makes the OS to be significantly lower than what it already is. It looks like it is getting cleaned up for something major, especially since there was a $2 private placement. I think all should read what you posted below: Quote:
Understand what's taking place here, It's very big imo> > >
Outstanding Shares 59,166,942 09/20/2021
Restricted 33,042,624 09/20/2021
Unrestricted 26,124,318 09/20/2021
Held at DTC 17,104,180 09/20/2021
Today's tweet..
APSI - Aqua Power Systems Inc (@inc_apsi) Tweeted: $APSI update on cancellation of shares. Hearing set for tomorrow for Motion of Entry of Default Final Judgement and request for Order on Final Default Judgement (i.e. approval for TA to cancel shares).
On the schedule for tomorrow. 9,020,138 total shares requested to be voided.
The Company has received $200,000 as part of a Reg D 506(b) offering. The investing party shall receive 100,000 shares of the Company’s common stock with restrictive legend. The shares shall be issued and bear a restrictive legend under Rule 144.
The shares were acquired and shall be issued at an offering price of $2 per share.
Quick summary..
* Audited Fins on the way * Financing done at $2 private placement * 9,020,138 In the process of being voided as per today's tweet * 32,942,624 Shares abandoned by the previous CEO
Total Outstanding..
59,166,942 - 9,020,138 -32,942,624
17,204,180 is targeted for the new outstanding share count
The CEO has done an impeccable job at moving this shell along. I expect this one to be something very big.
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