Elite Pharmaceuticals Inc (ELTP): The amount outstanding cannot exceed the...

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Re: Valensio post# 249227

Monday, 04/03/2017 9:16:50 PM

Monday, April 03, 2017 9:16:50 PM

The amount outstanding cannot exceed the amount authorized. Company charters often require a shareholder approval to increase share count, but not always. Same goes for reverse splits.

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