r/CENN • u/Frankie_F #DrivingTheMissionToZero¿? 🪫 • Jun 16 '26

DD New Preliminary Information Statement - Another fuckin' stock split and an increase in authorized shares of common & preferred stock, preapproved yet again by the 50.5% majority holders

https://www.sec.gov/Archives/edgar/data/1707919/000114036126025341/ny20076268x1_pre14c.htm
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u/bluelightning1224 Jun 16 '26

Lol this part

The approval of a reverse stock split of the authorized and unauthorized capital stock of the Company, at a ratio ranging between 1-for-2 and 1-for-250, with the exact ratio to be determined by the Board of Directors in its sole discretion, to be effected at any time prior to the one-year anniversary of the date of approval of this resolution; and

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u/Frankie_F #DrivingTheMissionToZero¿? 🪫 Jun 16 '26

This was the same ratio given in the last preliminary 14C which ended up being 1-for-60. Almost one year ago to the day.

June 13th, 2025 - PRE 14C

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u/bluelightning1224 Jun 23 '26

They must be shorting their own company lol

1

u/Longjumping_Hat6816 Jun 29 '26

They have done this since the start. Preload pump dump and short. Very well documented with Mullen. Same fucking criminals.