NoHo Inc (DRNK)

[Colonel_mustard]

I recommend you do just a little DD and actually understand what authorized shares are. They mean next to nothing when it comes to stock value. They are strategic in nature and may serve as a weapon or tool to prevent a hostile takeover, for example. Said another way, until a company converts the AS to outstanding shares, they serve only as a kind of strategic reserve. The number of outstanding shares - i.e., in circulation or in the hands of investors - is far, far more relevant to a stock's price and the supply and demand which drives it.
https://finance.zacks.com/outstanding-stock-vs-authorized-stock-2309.html