Does this mean they are planning a reverse split or is there another way of issuing stock without raising its authorized shares?

Quote:

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• In conjunction with the “2,015 in 2015 Plan”, and the closing of its first round of significant financing, TREATY intends to present a definitive plan for the new capital structure of the Corporation by December 1, 2014, which will help ensure that TREATY has the ability to raise equity through the issuance of its common stock without raising its authorized shares;

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