WeedHire International Inc (WDHR)

[DarthYoda]

It is actually recommended to set the par value as low as possible, particularily for a Delaware Corp. But you are partially correct in that it is what the shares cost to be issued. What they cost to be sold is dependent wholly on the market and trading. I included links to a couple good articles summarizing. The last link includes Delaware's calculation methods. Notice the underlined portion here:

There are an increasing number of states that do not require you to set a Par Value on your stock, but assuming you are a Delaware Corporation, you will be advised to set a par value to minimize your potential Delaware Franchise Taxes (if you are not advised of this by your attorney, get a different attorney).

http://capgenius.com/2011/02/27/set-the-par-value-for-your-common-stock-absurdly-low-heres-why/

http://www.anythingit.com/pdfs/certsofincorporation.pdf

The par value of a company's stock -- if the stock even has a par value -- has next to no relationship to the asking price for that stock. Par value gets set when the company first incorporates, and the figure the company chooses is of interest primarily to its founders and accountants. What matters to everyone else is the market's supply of and demand for the stock.

http://finance.zacks.com/par-value-dictate-asking-price-companys-stock-4916.html


http://www.foundersworkbench.com/what-is-par-value-and-why-you-should-care/

http://corp.delaware.gov/frtaxcalc.shtml