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Re: CluelessStockJunkie post# 13006

Friday, 04/04/2014 8:16:09 AM

Friday, April 04, 2014 8:16:09 AM

Post# of 131083
Wonder how much of the increase will see the float?
This isn't my strongest subject so I don't really get it.
Ok so they bumped up their authorized shares by 10%.
Wonder why? Originally I thought it was because they needed
To be fully diluted to sell, but they could have been fully dilute
with a smaller authorized just as well. Trying to raise money?
If so for what? At this point the company is ready to sell and if
I were on BOD one would think you would want as few shares as possible
out there.
Hmmmm
Help me out.
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