Posted On: 02/23/2016 4:43:07 PM
Post# of 30034
Is this an error on page 5 of the prospectus: in one description they say they are currently authorized to issue 10 million preferred shares and right above they say that they are currently authorized to issue 500 million preferred shares:
Outstanding Shares and Purpose of the Proposal
Our Articles of Incorporation currently authorizes us to issue a maximum of 150,000,000 shares of common stock, par value $0.001 per share, and 500,000,000 shares of preferred stock, $0.001 par value per share. Our issued and outstanding securities, as of February 19, 2016, on a fully diluted basis, are as follows:
Outstanding Shares and Purpose of the Proposal
Our Articles of Incorporation currently authorizes us to issue a maximum of 150,000,000 shares of common stock, par value $0.001 per share, and 10,000,000 shares of preferred stock, $0.001 par value per share. Our issued and outstanding securities, as of February 19, 2016, on a fully diluted basis, are as follows:
Outstanding Shares and Purpose of the Proposal
Our Articles of Incorporation currently authorizes us to issue a maximum of 150,000,000 shares of common stock, par value $0.001 per share, and 500,000,000 shares of preferred stock, $0.001 par value per share. Our issued and outstanding securities, as of February 19, 2016, on a fully diluted basis, are as follows:
Outstanding Shares and Purpose of the Proposal
Our Articles of Incorporation currently authorizes us to issue a maximum of 150,000,000 shares of common stock, par value $0.001 per share, and 10,000,000 shares of preferred stock, $0.001 par value per share. Our issued and outstanding securities, as of February 19, 2016, on a fully diluted basis, are as follows:
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