Friday, November 20, 2015 12:04:35 PM
"FBEC Worldwide, Inc. CEO Jason Spatafora stated, “After consulting with new corporate counsel regarding the previously stated share reduction amount, I have been advised that the previous 1.5 billion Authorized Share reduction figure could be detrimental as it does not leave the company a prudent reserve or allow for any type of future expansion. As the reduction is made our goal is to leave it reduced, instead of raising it later on.”"
That can be interpreted as a major influx of issuance's coming that will cause the OS to ballon... so yeah, to me, the AS matters.
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