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  4. Bemax Inc. (BMXCD) Message Board

Just a question not bashing. Looking for opinion o

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Post# of 2199
(Total Views: 229)
Posted On: 02/12/2017 10:56:29 PM
Posted By: Gman2488
Just a question not bashing. Looking for opinion on this topic.....the outstanding authorized are 500,000,000 the outstanding shares before the 150,000,000 that were retired were 451,640,836 and brought to a total of 301,640,836. Before the retirement of the shares there was only 48,359,164 unauthorized shares remaining and on the latest 10Q:

As of January 11, 2017, there are 500,000,000 shares authorized. 451,640,836 have been issued and are outstanding and 43,646,325 have been reserved for a new loan that is currently being negotiated. Available shares for future issue totals 4,712,839.

So my question regarding this is will this further dilute the company for the time being when this deal is processed and if so what will it do if anything to the stock price?


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