TheGlobe.com Inc (TGLO)

[potatoclump]

if a Delfin representative is now the director and CEO then can't he decide what happens with the authorized shares? according to the link posted about r/s, a company can elect to r/s all authorized shares so that no ownership is diluted. they can vote anything into action that they want to. it's not like theglobe.com realllly owns the company anymore. so if they desired they could make a r/s happen to bring the pps up without diluting their own holdings.