The authorized shares will remain at 1 billion yet
Post# of 12469
(Total Views: 102)
Posted On: 05/12/2022 10:18:26 AM
The authorized shares will remain at 1 billion yet the outstanding shares owned by current holders, roughly 975m, will be subject to a reverse if one is approved.
Question isn’t will the authorized be increased, question is why not reduce the authorized shares inline with the outstanding shares - should a reverse be approved.
My opinions.
Question isn’t will the authorized be increased, question is why not reduce the authorized shares inline with the outstanding shares - should a reverse be approved.
My opinions.
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