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Wednesday, 01/27/2016 11:11:34 PM

Wednesday, January 27, 2016 11:11:34 PM

Post# of 7005
AWGI - Raised A/S to 2 billion from 500,000,000 common, raising preferred A/S to 400,000,000 from 100,000,000

"The Company's Board of Directors is taking this action to increase its authorized common stock capital because the common stock reserve requirements under the Company’s various convertible loan agreements require that unissued authorized common stock capital be reserved for possible future conversion. Recently, our common shares have traded at lower prices, which correspondingly requires the Company to reserve more common shares. The Company needs to increase its common stock capital in order to avoid breaching the reserve requirements."

"As of the Record Date, there were 196,932,903 shares of Common Stock issued and outstanding and there were 72,800,920 Preferred Series “A” shares outstanding, for a total of 269,733,823 capital shares."

http://archive.fast-edgar.com//20160127/AP2KV62CZ2228ZZ2222S2ZNZD9Q9ZSM22282/

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