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Thursday, 07/05/2018 10:03:34 AM

Thursday, July 05, 2018 10:03:34 AM

Post# of 123644
If my memory serves me correctly (it might not) I am fairly sure that a years ago Margit increased the A/S (and it was on a Sat!). Now wondering, what is the procedure for increasing the Authorized Shares? Does such an increase need government approval or just shareholder approval (or BOTH?) But since the insiders (Margrit) hold most voting shares, they can vote for it themselves. Well, correct? Or what?

TIA

My posts are JMOs and musings. “You can’t trust anyone,” Sykes said. “The companies are trying to get their stock up so they can raise money and stay in business...most penny stocks are scams that are created to enrich insiders.”

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