Posted On: 10/27/2016 10:03:00 AM
Post# of 22940
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$TPAC.Reason for maintaining a high AS count may just be
to keep controlling interest in the company.
Bill probably wouldn't want his little new kid start up bearing company to be bought out by a larger competitor.
"Another reason a company might not want to issue all of its authorized shares is to maintain a controlling interest in the company and prevent the possibility of a hostile takeover".
http://www.investopedia.com/terms/a/authorizedstock.asp
to keep controlling interest in the company.
Bill probably wouldn't want his little new kid start up bearing company to be bought out by a larger competitor.
"Another reason a company might not want to issue all of its authorized shares is to maintain a controlling interest in the company and prevent the possibility of a hostile takeover".
http://www.investopedia.com/terms/a/authorizedstock.asp
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