New You Inc (fka NWYU)

[tmxvi]

So I looked at the NVSOS page and this was the update that came on 1/10/19. I guess I don't understand. It looks like a bunch of shares were authorized? Wouldn't that be bad for the PPS? Any guidance here is appreciated.

Action Type: Amendment
Document Number: 20190013073-56 # of Pages: 1
File Date: 1/10/2019 Effective Date:
Previous Stock Value: Par Value Shares: 100,000,000 Value: $ 0.00001 Par Value Shares: 900,000,000 Value: $ 0.00001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 10,000.00 New Stock Value: Par Value Shares: 1,400,000,000 Value: $ 0.00001 Par Value Shares: 100,000,000 Value: $ 0.00001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 15,000.00