Hopefully for a merger or acquisition… idk… OS and float still very low and haven’t seen much dilution in last year. The recent float increase in OTCM showed up because some restricted became unrestricted
That’s correct. Increasing the authorized could make the shell look more attractive. They have secured approval for the 6 billion, authorized are typically not subject to a reverse split, the 950m authorized was too low etc. A potential buyer will look at the 6 billion authorized coupled with the low float and will begin salivating. Appears to be all about marketing the company to sell.
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