Here is what Hudson said according to one poster. I have no reason to doubt it...but it must be read VERY carefully. And you NEED TO SEE THE FILINGS!
As of my records today, your numbers above - excluding shares held in street name by Cede & Co. - are correct. The total number of shares that are unrestricted is 1,086,949,892.
But....
1. How many shares do Cede & Co. hold?. It could be BILLIONS
AND HOW MANY ARE 'RESTRICTED' It could be billions MORE! And they could be unleashed at any time. How about some credibility?
Following Central's restructuring, Central will be authorized to issue 5 Billion Shares. Now, is that 5 BILLION OVER AND ABOVE THE 20 BILLION SHARES? Or, do they plan to USE 5 BILLION of the 20 billion??? And there will still be 15 BILLION LEFT? I really don't think that is it, but without a FILING...HOW DO YOU KNOW.
It will also have a new name, which is trademarked, and that will coincide with its domain name. At this point in time, the company's board of directors have determined that there will be NO reversal of the company's stock.
1. So tomorrow there could be a R/S. Hudson is really smooth. When I asked him about a R/S he said "I can't say yes or no"....actually both answers are the same! And they mean NOTHING. If you are a 'flipper' and want good news....this is it. If you are holding long, as a lot do, beware. AND KEEP IN MIND THAT YOU AREN'T SEEING ANY REAL DOCUMENT IN THE FILINGS.
The company is requesting a new symbol to further coincide with its name change; although, we won't know if our symbol request will be granted until FINRA completes its review of our notifications and request, which could be 12 business days from today or longer. Moreover, the company is in the process of engaging a new stock transfer agent. The appointment should be completed sometime next week.