"Andy Kuhn (AWK) asked why the AS were not being split. SKS – everyone knows there will be the need for addition financing, not splitting the authorized shares allows enough shares for this purpose without requiring another special meeting for approval. The directors felt it was easier, quicker and cleaner to do it this way. If Wave goes off the NAZ the current shelf would be invalid."
management is already prepared for being given the boot off the naz. wonder if the wavoids are.
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