InvestorsHub Logo
Followers 120
Posts 17624
Boards Moderated 0
Alias Born 02/21/2012

Re: Bearslayer post# 17005

Tuesday, 02/13/2024 2:11:24 PM

Tuesday, February 13, 2024 2:11:24 PM

Post# of 17127
That’s correct. Increasing the authorized could make the shell look more attractive. They have secured approval for the 6 billion, authorized are typically not subject to a reverse split, the 950m authorized was too low etc. A potential buyer will look at the 6 billion authorized coupled with the low float and will begin salivating. Appears to be all about marketing the company to sell.