"under the laws of the State of Nevada, Amarantusâ
Post# of 30028
Quote:
"under the laws of the State of Nevada, Amarantus’ Board of Directors can only implement a proportional reduction in the outstanding shares and authorized shares without a shareholder vote"
I'm not sure if above statement automatically infers that a vote will be necessary by the retail shareholders to implement a 1-Bil. increase in the AS count - more research will need to be done into Nevada laws and AMBS's corporate charter...
one question to ask is - does the aggregate retail stockholder community hold sway over 51% voting rights
http://ih.advfn.com/p.php?pid=nmona&article=63202604