Applied Minerals Inc (AMNL)

[MasterSalix]

“The Board of Directors has unanimously approved the advisability of, and adopted, subject to stockholder approval, an amendment to our Certificate of Incorporation, providing for an increase in the number of authorized shares from 410,000,000 to 710,000,000 and an increase in the number of authorized shares of Common Stock from 400,000,000 to 700,000,000 shares.”

Never a good thing. Looks like we are going sub-penny boys....hold on to your butts....