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Saturday, April 25, 2015 4:08:01 PM
However will never mention that the common stock shareholders have to vote on an A/S increase; since no preferred shares exist! That means you as a common stock shareholder would have to approve the A/S increase. Read for yourself:
http://www.investopedia.com/articles/basics/03/030703.asp
There's only 200 million A/S and ANY update must be filed! So as of this second the A/S is 200 million.
Yes, it's obvious that the float is no longer 14 million and the O/S isn't 29 million anymore, based of of the high volume the past couple weeks; however it would literally take one person, group, or groups locking up over 50% of the O/S to approve any A/S increase as the majority vote.
DO YOUR OWN DD .... Lots of followers doesn't always equal honest intentions
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