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Re: jimmenknee post# 10145

Friday, 10/03/2014 11:29:21 PM

Friday, October 03, 2014 11:29:21 PM

Post# of 14303
jimmenknee, in one of their previous filings they stated the r/s was being done in order to have enough auth shares to issue to the private investors. Does that sound like a legitimate reason? To my newbie mind, it seems like a forward split would accomplish that by giving them a larger pool of shares to doll them out of. Or is it true that they have some sort of limit or maximum amount of auth shares and a reverse split would free up space to issue more?
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