I see that you have been formally introduced to Jason Remillard. They are cashing in those shares to pay for Centurion and for Jason to start cashing out his series a preferred shares in my opinion. They need volume like today, not price. They have all the shares they want to print to pay for the latest failed product acquisition. He has done this to 3 separate groups of shareholders in less than 3 years now between reverse splits. Remember the Jason from Friday the 13th? sort of like that LOL. Jason issued 807,663 shares immediately after the Q1 filing. He split this last time at 1 million outstanding shares. Don't think for a moment that after he once again trashes the share structure that he won't do it again.
NOTE 15: SUBSEQUENT EVENTS Subsequent to March 31, 2022, the Company issued 807,663 shares of common stock as follows:
>380,952 shares to Centurion Holdings LLC as part of the acquisition (see Note 1).
>160,416 sharesissued for conversion of debt and interest.
>108,000 shares to our CEO for conversion of Series A Preferred Stock.
>46,291 shares issued under a registration statement on Form S-8, to employees and consultants for services.
>7,200 shares issued for a restricted stock award.
>4,804 shares to debt holders for commitment obligations.
NOTE 12: CAPITAL STOCK AND REVERSE STOCK SPLIT
On March 7, 2022, the Company filed an amendment to its Articles of Incorporation to effect a 1-for-8 reverse stock split of its issued and outstanding shares of common and preferred shares... Common Stock
As of March 31, 2022, the Company is authorized to issue 1,000,000,000 shares of common stock with a par value of $0.001. All shares have equal voting rights, are non-assessable, and have one vote per share. The total number of shares of Company common stock issued and outstanding as of March 31, 2022 and December 31, 2021, respectively, was 148,367 and 122,044 shares, respectively.
Post split 8:1 outstanding share count as of March 31 was 148,367
as of 05/31/2022 outstanding shares was 954,561.
They update once a months so it is no telling how many more there will be.
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