"What did you come up with when you asked yourself the question?"
It was rhetorical and the answer should be obvious. Who REALLY benefits from a quadrupling of the authorized shares....a 300% increase in the shares available for issuance?
Do you need help with that, too?
80% of the outstanding shares were voted.
Less than 6% of the outstanding was held by Officers and Directors.
According to the Proxy Statement NO ONE HOLDS MORE THAN 5% (<4M) of the outstanding.
52M shares of the 76M outstanding were issued in the last 2 fiscal years, 26M (50%) of which went to the conversion of notes.
I'm sure you can figure it out without my help. If not, just ring up a couple of note holders....they understand.
But can it core A apple?
Yes Ralph, of course it can core A apple.
