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Re: Skyline2012 post# 38733

Saturday, 04/07/2018 5:09:33 PM

Saturday, April 07, 2018 5:09:33 PM

Post# of 50981
The OS increase means that you, the common shareholder, is Servicing the past due CD noteholder conversions the company issued. The reason why the company would need to increase the authorized share count moving forward, would be to make room for the reserves Devon spoke of, as well as additional issuance of heavily discounted common shares, of which the proceeds would go towards working capital and acquisitions if necessary. If an increase in the authorized share count is not in the cards, then their only other option is to reverse split
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