Greater Cannabis Company Inc (GCAN)

[abe01]

This may help you it is directly from the 10k april 15Th

Because we can issue additional shares of common stock, purchasers of our common stock may incur immediate dilution and experience further dilution.



We are authorized to issue up to 500,000,000 shares of common stock, of which 33,345,883 shares of common stock are issued and outstanding as of February 20, 2019. Our Board of Directors has the authority to cause us to issue additional shares of common stock and to determine the rights, preferences and privileges of such shares, without consent of any of our stockholders. Consequently, the stockholders may experience more dilution in their ownership of our stock in the future.