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Post# of 700378
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JerryCampbell

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JerryCampbell

Re: Margin Buu post# 375704

Sunday, 05/09/2021 7:06:34 PM

Sunday, May 09, 2021 7:06:34 PM

Post# of 700378
That is not necessarily true. It depends on the authorization by shareholders.

If you want a specific example, look at CYTR. Shareholders rejected a R/S vote that did not reduce authorized shares. After negotiations between major holders and the CEO, they approved a R/S that did proportionately reduce shares.
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