Appyea Inc (APYP)

[Dubb777]

No raise of the outstanding shares though.
Only increase is to Series A Preferred Stock.

All that tells me is Pretty big investors to get a piece of the pie.
Already taking orders for delivery Spring 2022. Reincorporating to Nevada opening up avenues of that type of funding to build manufacturing or places to hold the product to be delivered.

All raising that number of Authorized does is give them further funding down the road. So they wouldn't need shareholder approval to do so.

Another ticker I know of did that to 300B auth coming out of bankruptcy.
They said it was for funding so they wouldn't have to have the delay (shareholder votes) and the spending (fees) that comes with raising them so much.