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Re: chef911 post# 41110

Sunday, 03/20/2016 7:51:19 AM

Sunday, March 20, 2016 7:51:19 AM

Post# of 81999
Because it's reduced proportionally-- would be 7.5 million additional authorized, I think. Basically double what's presently authorized, right? [Authorized, but not issued/outstanding]. Old AS=750,000,000, proposed AS=1,500,000,000 divided by 100 (R/S)= 15,000,000 total proposed AS....15 million isn't so terrible psychologically, but could still impact value near term. I doubt they'd actually that much though.... have been pretty frugal thus far.
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