Hemp Inc (HEMP)

[amateurinvestor]

Increasing the outstanding shares causes immediate harm

Increasing the outstanding shares causes immediate harm to existing shareholders by diluting your shares worth, diluting your vote in shareholder meetings, and putting a drag on the market value of your shares when those new shares are dumped in the open market. It is irrelevant whether the management chooses to do a reverse split or increase the authorized share number at some point in the future. The damage has already been done !