Can B Corp (CANB): Increases the authorized shares (AS) to...

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Can B Corp (CANB)

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Re: nathanial post# 15180

Monday, 04/01/2019 6:24:22 PM

Monday, April 01, 2019 6:24:22 PM

Increases the authorized shares (AS) to 1.5 BILLION - not million.

There are currently 535,858,000 shares issued (OS).

Increasing the AS gives the company more shares to issue (often considered dilution) for a variety of reasons, typically to finance their operations.

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