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Re: fireopal post# 13533

Monday, 07/28/2014 1:15:36 AM

Monday, July 28, 2014 1:15:36 AM

Post# of 21822
That is not true. Authorized common shares are not used in calculating the ownership percentage of an investor. Only issued and outstanding. If 50 million were issued and outstanding, the other 250,000,000 essentially did not exist yet. The company had the right to issue up to that 250,000,000 to completely new investors if they chose to seek additional working capital.



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