InvestorsHub Logo
Followers 160
Posts 22180
Boards Moderated 6
Alias Born 02/07/2005

Re: Fhal or Die trying post# 103560

Wednesday, 10/18/2006 11:34:48 AM

Wednesday, October 18, 2006 11:34:48 AM

Post# of 169274
you said: "Here it is plan and simple. They can issue these shares they have enough authorize shares to do so. That is all they need. The 10K is the annoument they need to increase the float."

Ummm, you'd best go read the co documents again. The A/S is 200mm. In order to change it, they have to give 15 days notice. And, pursuant to SEC Rule 10b-17, they have to give 10 days notice when issuing shares. http://www.otcbb.com/aboutOTCBB/secrules.stm#SECRule10b-17

Also, the A/S has nothing to do with "float". Can you
explain what these terms mean?: a/s, o/s, and float?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.