No argument and this has been ongoing for years an
Post# of 3601
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Posted On: 03/04/2019 10:43:47 AM
No argument and this has been ongoing for years and years but there is a small chance that the reason for the significant increase in Authorized Shares is for a merger (perhaps with a Chinese manufacturing company). As I'm sure you're aware, there is a rather significant distinction between Authorized and Outstanding shares.
Mathematically, I can't see them doing it to raise additional capital because the stock isn't worth anything to start with which is what leads me to believe this might be a legitimate business play.
Either way, none of us knows what we're talking about so I guess we'll just see how this all plays out.
Mathematically, I can't see them doing it to raise additional capital because the stock isn't worth anything to start with which is what leads me to believe this might be a legitimate business play.
Either way, none of us knows what we're talking about so I guess we'll just see how this all plays out.
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