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learningthetruth

09/06/22 11:45 AM

#1181 RE: Ripdog7570 #1180

You are correct with market cap; I would imagine the next step is for Melvin to reduce those restricted O/S shares of 3.2 billion into preferred and O/S would then match the float of 324 million shares...that's what I think will happen next now that Melvin E. is the new CEO and controlling owner.
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Birch69696969

09/06/22 12:30 PM

#1182 RE: Ripdog7570 #1180

It sound like we were screwed by GDVM. Or mostly Adam. I don’t understand the shares being changed to preferred shares but didn’t Adam do the same thing with OMID?
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NewTrader2017

09/06/22 12:35 PM

#1183 RE: Ripdog7570 #1180

Because it simply multiplies O/S with share price.

But in fact here unrestricted O/S( tradable float) is 1/10 of O/S .

Plain and simple !