There are legitimate reasons to need high authorized shares.
This company is going places and it will be big places. This is the ground level of something that will be probably be huge.
For you skeptics - all I can say is sit back and gripe all you want, but one day I think you will look quite foolish. The stock may go down or it may not tomorrow, the next day, the next week or whatever - I don't know and I really don't care because short term action is nothing when you are looking at this thing for the long haul.
The MGT team of this company is fully in control and they have shareholders best interest in mind.
One big reason Autorized Shares need to be high is if it becomes neccessary to get restricted shares in the hands of someone who can be trusted to not sell the company out.
A second reason is so restricted shares can be issued for funding.
A third reason is for mergers and aquisitions
A fourth is for dividends
Yes shares can be used for dilution, but I have complete confidence in this company. So either join me or not.
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