infamous
1 week ago
ah yes the RS is confirmed to happen soon... vOnce our board of directors (the “Board”) decides to implement the Reverse Stock Split, it will become effective on the date of filing of a Certificate of Change with the office of the Secretary of State of the State of Nevada. Additionally, the Certificate of Change may not be filed until at least 20 calendar days after the mailing of this Information Statement.
The Certificate of Change will be effective when filed with the Nevada Secretary of State. We will not make such filing until on or after [____________], 2025, a date that is 20 calendar days after this Information Statement is first sent to our stockholders.
also,
(2) Represents 7,024,627 shares issuable upon the exercise of stock options, and 700,000 shares issuable upon the exercise of warrants.
(3) Represents 1,000 shares of Series B Preferred and 480 shares Series D Preferred.
(4) Represents 8.8% of the aggregate voting power attributable to Mr. Porter’s ownership of the shares of Common Stock and Series D Preferred and 51% of the aggregate voting power attributable to Mr. Porter’s ownership of 100% of the outstanding Series B Preferred. Pursuant to the Certificate of Designation, Preferences Rights and Other Rights of Series B Preferred Stock of the Company, shares of Series B Preferred shall be voted together with the outstanding shares of Common Stock such that the aggregate voting power of the Series B Preferred is equal to 51% of the total voting power of the Company. However, shares of Series B Preferred are not convertible into Common Stock.
(5) Represents 3,777,920 shares issuable upon the exercise of stock options.
(6) Represents 3,805,510 shares issuable upon the exercise of stock options.
(7) Represents 1,355,868 shares issuable upon the exercise of stock options.
also,
The primary purpose for effecting the Reverse Stock Split, should the Board choose to effect one, would be to, absent other factors, increase the per share price of our common stock, although we cannot provide any assurance that the post reverse stock split price would remain following the Reverse Stock Split. However, other factors, such as our financial results, market conditions and the market perception of our business may adversely affect the market price of our Common Stock. As a result, there can be no assurance that the Reverse Stock Split, if completed, will increase the market price of our Common Stock following the Reverse Stock Split or that the market price of our Common Stock will not decrease in the future. Additionally, we cannot assure you that the market price per share of our Common Stock after a Reverse Stock Split will increase in proportion to the reduction in the number of shares of our Common Stock outstanding before the Reverse Stock Split. Accordingly, the total market capitalization of our Common Stock after the Reverse Stock Split may be lower than the total market capitalization before the Reverse Stock Split.
jhnvtjll
1 month ago
I'm talking about minimal dilution in 2024. You cried about 1M shares added.
There's minimal dilution.
Jan 29, 2024 240,265,717
Feb 9, 2024 240,265,717
Feb 16, 2024 240,265,717
Mar 1, 2024 240,865,717
Mar 8, 2024 240,865,717
Mar 15, 2024 240,865,717
Apr 12, 2024 240,865,717
May 10, 2024 240,865,717
May 17, 2024 240,865,717
Jun 28, 2024 240,865,717
Jul 25, 2024 240,865,717
Aug 19, 2024 240,865,717
Sep 4, 2024 240,865,717
Sep 9, 2024 240,865,717
Sep 17, 2024 240,865,717
Oct 16, 2024 240,865,717
Nov 15, 2024 240,865,717
Dec 13, 2024 241,824,950
jhnvtjll
1 month ago
There's minimal dilution.
Jan 29, 2024 240,265,717
Feb 9, 2024 240,265,717
Feb 16, 2024 240,265,717
Mar 1, 2024 240,865,717
Mar 8, 2024 240,865,717
Mar 15, 2024 240,865,717
Apr 12, 2024 240,865,717
May 10, 2024 240,865,717
May 17, 2024 240,865,717
Jun 28, 2024 240,865,717
Jul 25, 2024 240,865,717
Aug 19, 2024 240,865,717
Sep 4, 2024 240,865,717
Sep 9, 2024 240,865,717
Sep 17, 2024 240,865,717
Oct 16, 2024 240,865,717
Nov 15, 2024 240,865,717
Dec 13, 2024 241,824,950