Tytan Holdings Inc (TYTN)

[Numberman]

Authorized Shares Increase Possible Reasons:

The first reaction of many is the hated DILUTION scare.
But the Board of Directors may have other valid reasons to increase the Authorized number:

1.To protect the company from hostile takeover.
2.To reserve shares for options/warrants.
3.To raise capital for expansion.
4.To establish strategic relationships with other companies.
5.To expand the product line through acquisitions.
6.To provide equity incentives to directors, officers, employees, consultants.
7.To create an employee stock ownership plan.