InvestorsHub Logo
Followers 196
Posts 17199
Boards Moderated 3
Alias Born 09/09/2006

Re: Zorch305 post# 107527

Sunday, 03/29/2009 1:18:53 PM

Sunday, March 29, 2009 1:18:53 PM

Post# of 192568
Just because the Nevada SOS page says it is still 2 billion does not mean it is. A company can increase it and "forget" to file the changes for months Happened just recently in a stock I follow. I am not saying that is the case here but be forewarned it is possible.



Here is an example, note the file date and effective date

Action Type: Amendment
Document Number: 20080825583-01 # of Pages: 2
File Date: 12/22/2008 Effective Date: 10/17/2008
Previous Stock Value: Par Value Shares: 500,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 500,000.00 New Stock Value: Par Value Shares: 900,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized