MEGH which consolidated today dropped its first filings near end of day in preparation for the upcoming R/M that SCC will be incorporating into the Custodian.sos.state.co.us/biz/ViewImage.do?masterFileId=19951136737&fileId=20211132863
The Authorized was increased to 500Mil to make way for the upcoming company which is standard during R/M's and much much better than a R/S.
What's interesting is the size of the increases suggesting a company of approximate proportions maybe coming into the shell. The O/S and Float remains small and is sufficient enough to move the stock up great lengths.
Preferred shares were also issued supposedly to be given to the incoming directors of the company.
PT: of $1.50-$3 Still in play
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.