Replies to post #60556 on GSDT Fintech Group Inc. (GSDT)

[TTT]

DOS..excellent question.
I will see if I can find out the answer.

If I answered it would be a total guess and %99 chance of being wrong.

I can refer you to this PR for now (Louie's favorite)
Bottom of the first paragraph.

http://ih.advfn.com/p.php?pid=nmona&article=39469306

If they raise the O/S, %52 still has to be held for SDVOSB status.
(just thinking out loud here)
So, if they raise it 34 million, %52 or 17,680,000 shares would have to be retained and restricted for status.

Thus entering 16,320,000 into the float.

Now, where do the restricted shares go? to officers? IDK!

Perhaps someone on the board knows something about this, meanwhile I will try and find out.

t