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Re: HippyTrades post# 134356

Saturday, 01/20/2024 2:30:11 PM

Saturday, January 20, 2024 2:30:11 PM

Post# of 138693
Simple....if an opportunity develops to acquire a new business, that is when a holding company needs additional funding to move forward. For a penny stock such as AXXA, their BoD made the decision to increase the A/S to accommodate their needs. It does not mean that they are going to issue a billion shares, however.