Wednesday, December 07, 2016 8:12:01 AM
It's just a formality but raising the a/s would need to be approved by the shareholders first, then an amendment filed to change the company’s Articles of Incorporation to reflect the newly authorized shares.
It's just not legal for this to trade the way it currently stands IMO....or if it was trading it could certainly cause problem with the SEC for them, if some shareholder wants to push the issue.
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