InvestorsHub Logo
Followers 0
Posts 813
Boards Moderated 0
Alias Born 07/25/2017

Re: gibson256 post# 26482

Friday, 08/25/2017 2:57:10 PM

Friday, August 25, 2017 2:57:10 PM

Post# of 46519
You are correct the are going to have to ask shareholders for authorization.

But I would suspect that is coming soon.

Common stock
Par value $0.001 authorized 250,000,000 shares

Issued and outstanding 246,773,331 and 210,156,148 at June 30, 2017 and December 31, 2016, respectively

Common stock subscribed but not yet issued 0 at June 30, 2017 and 11,350,000 at December 31, 2016)

They are going to have to issue regardless to pay their CAFC bills as they only have 86k in cash


https://www.sec.gov/Archives/edgar/data/1961/000126493117000066/worldsinc10q22017.htm