I have a question for someone to answer who has been dealing with this stock for a while. I have been learning about A/S vs O/S and from what I understand the A/S is decided when the company is created and can only be increased or lowered after a vote from the shareholders. Months ago before the recent A/S and O/S were released didn't it say on the website that the A/S was a little over 6,000,000,000. If I remember correctly then that is the case. How then in July did the A/S increase to about 12,000,000,000 and the O/S to 10.7 billion?
The questions that I have are:
Can the A/S be changed without consent of the shareholders?
Is there a way to see the initial document from the SEC showing the number of Authorized shares at the start of the company?
At the current stock price the Market Cap is about 2.4 Million.
Market Cap is figured by Current stock price X A/S (I think).
When I look on my broker's site it shows the market cap as 3480?