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Slojab

03/29/24 11:37 PM

#7134 RE: PlaceboJeffect #7133

When a company issues shares at will, they can be cancelled or returned to the treasury just as easily.

Keep in mind, "Series A Preferred are convertible to Common Shares (40,000 to 1) at par value ($.0001) from each Preferred Share held" and David Bryant gave himself a few.

The company had authorized 1 million of its super majority Class A Preferred stock allocated to David A. Bryant in July 2016, issued to David A. Bryant as
of December 31, 2022, with 952,866 reported outstanding


Keep in mind Bryant already owns plenty of common shares, too.

And as a result of the current O/S of 8,632,970,002 the market cap is $21,582,425. This, for a company that can't show a profit. Or gold reserves.

gitreal

03/30/24 1:25 AM

#7135 RE: PlaceboJeffect #7133

When have they diluted? No notes

How does a shitty scam "mining" company get to an OS of 8 billion without dilution?