Nouveau Life Pharmaceuticals Inc (NOUV)

[seven77]

I'm a little bit confused how can there be around 13 billion shares outstanding but only only 11 billion authorized.


Authorized: 11,000,000,000
Issued: 9,649,999,990
Restricted: 4,177,537,258
Issued 9,649,999,990 + Restricted 4,177,537,258 = 13,827,537,248 oustanding

outstanding shares refer to the number of stocks that a company actually has issued. This number represents all the shares that can be bought and sold by the public, as well as all the restricted shares that require special permission before being transacted.