ABCO Energy Inc. (ABCE)

[ma snart]

Read sec filings fully diluted less than 1billiin

The Board of Directors believes it is in the best interest of the Company to increase the number of shares of Common Stock authorized by 1,000,000,000 shares of Common Stock bring the total number of authorized shares of Common Stock to 2,000,000,000 shares, See "Reasons For the Increase" below. There are currently 1,000,000,000 shares of Common Stock authorized for issuance, of which 125,694,900 shares are outstanding as of September 25, 2017.

If the Company’s shareholders do not approve the increase in authorized shares of Common Stock, the Company will be very limited in its ability to use shares of Common Stock for financing, acquisitions or other general corporate purposes. Right now, approximately 692,000,000 shares of the 1,000,000,000 authorized shares are currently reserved for issuance upon conversion of certain Convertible Note instruments and the Series B. See “Certain Transactions” below. This leaves less than 310,000,000 shares for future issuances.

https://www.sec.gov/Archives/edgar/data/1300938/000118518517002070/abcoenergy-def14c092517.htm