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FORM 7 MONTHLY PROGRESS REPORT Name of CSE Issuer: Velocity Data Inc.(the Issuer). Trading Symbol: VCT Number of Outstanding Listed Securities: 112,550,021 Date: May 3, 2015, This Monthly Progress
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The number of outstanding listed refers to the total number of shares of a company's stock that are currently held by all its shareholders, excluding treasury shares.
Companies that are publicly traded are required to file the number of outstanding listed shares with the appropriate regulatory body.
To fill out the number of outstanding listed, companies must report their total shares issued and subtract any shares that are held in treasury.
The purpose of reporting the number of outstanding listed is to provide potential investors and analysts with a clear understanding of the share structure and to assist in calculating key financial metrics.
Companies must report the total number of shares issued, treasury shares, and the net number of outstanding shares.
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