$SMCE to CANCEL 270,000,000 shares nearly HALF the OS! See NEWS! >> As at 11/15/2021, SMC's total outstanding common shares were 672,126,974 representing 498,339,506 restricted shares and 173,787,468 unrestricted shares. SMC is seeking to cancel a total of 270,000,000 restricted shares: (i) 200,000,000 shares held by a former executive; (ii) 30,000,000 shares held by a former consultant; and (iii) 40,000,000 shares from unwinding a prior acquisition. SMC will be creating preferred stock series to incentivize its management team and company insiders, preserving common shares for capital funding while minimizing dilution.
$SMCE seeking to REDUCE OS by 42%! From 692M to 402M! HUGE!
$SMCE Strong Buy
290,000,000 shares off of the listed 692,000,000 leaves a TINY OS of 402,000,000 with Merger-Acquisition to take place (with preferred shares) either on or BEFORE Dec 10, 2021.
SMCE seeking to REDUCE OS by 42%! From 692M to 402M! HUGE!
290,000,000 shares off of the listed 692,000,000 leaves a TINY OS of 402,000,000 with Merger-Acquisition to take place (with preferred shares) either on or BEFORE Dec 10, 2021.