They did announce the RS ..today .. Finra posted it in their files a day ahead of time..I would have liked to have seen the PR first before the Finra update too but that is not really a red flag for me..neither is the AS ..they can move it to 50mil over night and move it back to 1 billion the next night just as easy ..what is key here is the TA is not gagged and i can call to monitor the dilution ..if i pick up on any large movements there without seeing any disclosures or fundamentals first then i will start waiving the red flag too
Also, according to the TA half the OS is restricted ..so that is about 2.5 mil that is not restricted and this includes any share holders out there , ex-ceos, past insiders, etc.. any new shares issued will be restricted for a year ..you cant just issue free trade shares ..that is a pennystock trader myth