Replies to post #89635 on CBA Florida Inc. (fka CBAI)

[Myth]

this isn't a " highlight "....often overlooked..

Comprehensive income (loss) (553,053}

and this...

Accumulated equity (deficit) (51,769,739}

and this...

Common Stock

On March 25, 2009, the Company’s Articles of Incorporation were amended to increase the authorized common stock to 6,945,000,000 shares, par value $0.0001, up from 950,000,000. This amendment was adopted by the Company’s Board of Directors on February 12, 2009, and its Shareholders at a Special Meeting of Shareholders called for this purpose on March 23, 2009.

On May, 9, 2011, the Company consummated a one (1) for one hundred (100) reverse split of its outstanding common stock, with the result that the outstanding shares of common stock of the Company were reversed from 6,812,886,600 shares pre-split, to 68,128,866 outstanding common shares post split. At the same time, the Company’s Articles of Incorporation were amended to fix authorized capital stock at 255,000,000 shares, par value $.0.0001 of which 5,000,000 shares are preferred shares and 250,000,000 shares are common shares. These actions were adopted by its Shareholders at a Special Meeting of Shareholders called for this purpose on April 21, 2011.

On September 25, 2012, the Company’s Articles of Incorporation were amended to increase the authorized common stock to 890,000,000 shares, par value $0.0001, up from 250,000,000. This amendment was adopted by the Company’s Board of Directors on July 11, 2012, and its Shareholders at a Special Meeting of Shareholders called for this purpose on September 25, 2012.


and this, from the last 10k...

Note 16. Subsequent Events

Outstanding Shares and Note Repayment

Subsequent to year-end the Company issued 247,957,775 shares resulting in an outstanding share amount of 624,192,183 shares with 890,000,000 authorized. Of those shares issued subsequent to year end, 116,107,906 shares were issued to Tangiers Investors, LP, for repayment of Notes Payable in the amount of $183,640 which includes both principal and interest. Notes with maturity dates of December 14, 2012, December 27, 2012, January 6, 2013, January 20, 2013 and January 27, 2013 were retired in full subsequent to year end, and there are no further debt obligations to Tangiers. The remaining 131,849,869 shares were issues to St. George Investments in the amount of $183,210, including principal and interest leaving an unpaid balance on the note to $646,322.


Another share increase is on the way....do the math.