Below is what GC actually said the additional shar
Post# of 30028
Quote:
The Company must have adequate authorized shares available to raise additional capital to fund ongoing operations, if necessary;
The Company must have sufficient authorized shares available to complete mergers & acquisitions in the event attractive, synergistic opportunities presents themselves in a time-sensitive environment due to market conditions;
The Company must have sufficient shares available in its option pool to be able to recruit the best talent to lead its programs;
The Company must have sufficient shares available to defend itself from unwanted or ill-timed hostile takeover activity, as a negotiating tool to maximize shareholder value.