Hi Fred,
Thanks for your reply. But don't you think that if they do this
offering, the share value will go down because of dilution ?
To The Stockholders of Nephros, Inc.:
The Annual Meeting of Stockholders of Nephros, Inc., a Delaware
corporation, will be held at the Crown Plaza Hotel, 401 South Van
Brunt Street, Englewood, New Jersey, on Monday, January 10, 2011 at
10:00 a.m., Eastern Time, for the following purposes:
• to elect one Director to serve for a three-year term expiring in
2013;
• to amend our Fourth Amended and Restated Certificate of
Incorporation to increase the authorized shares of our capital stock
from 95,000,000 to 905,000,000 shares and the authorized shares of our
common stock from 90,000,000 to 900,000,000 shares;
Link: http://www.sec.gov/Archives/edgar/data/1196298/000114420410064596/v204510_def14a.htm