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Re: redmoose post# 43222

Wednesday, 12/02/2009 4:23:28 PM

Wednesday, December 02, 2009 4:23:28 PM

Post# of 56273
does it really matter that the a/s was changed from 100 billion to 1 billion? the fact is a single person, the person who owns 125 shares of Series C preferred stock, can change the share structure at any time

so it may be 1 billion for now, but it can be raised at any time without shareholder approval...well I suppose the single shareholder who holds all of the Series C stock with the super voting power needs to approve it