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ScripsAmerica Inc SCRC
Posted On: 04/29/2014 6:31:12 AM
Post# of 7769
Posted By: pipedream1
Re: celtics2014 #2846
http://m.investorwords.com/333/authorized_The maximum number of shares of stock that a company can issue. This number is specified initially in the company's charter, but it can be changed with shareholder approval. Generally a much greater number of shares are authorized than required, to give the company flexibility to issue more stock as needed. also called authorized stock or shares authorized.shares.html

yea I'm not overly concerned. it makes sense. I've been reading some forums and feeel much better about it. I came across one company that had 100 million ask and raised it to 1billion. that's just plain dilution and a scam. this is very reasonable. below is a definition I came across.

I trust Bob. he's taken care to pay off notes. i truly dont think he would have if he didn't care about his shareholders. remember this only gives the company permission to raise the number of o/s if SCRC management feels it's necessary.















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