Replies to post #19903 on Sysorex Inc (fka SYSX)

[TheFinalCD]

yes agree,,,, how can the merging company raise money if the A/S is just about maxed out and they can't issue new shares?

They only have 5,017,048 shares legally left to issue, and at the close of .0394 that's only $197,671 which isn't a lot
https://www.otcmarkets.com/stock/SYSX/security

Authorized Shares
499,560,659
06/23/2022

Outstanding Shares
494,543,611
06/23/2022

Held at DTC
413,126,632
06/23/2022

Float
493,000,053
05/12/2022


so if they raise the A/S to 3B then they have 2.5B to issue and make a killing....err I mean raise funds, you know for good cause :/

smoke em if you got em

Cheech

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