Bigdrag, your concern is not at all true....
The tripling of O/S shares will not AT ALL effect the selling price of WLGS.
All the approval of the additional "authorized shares" will do is to allow the company to use these additional shares as deemed necessary by the Board of Directors for future Business Dealings, i.e. Spectrum Acquistion, Joint Ventures, Mergers, and the like.
Prior to the meeting....
100,000,000 authorized shares
90,000,000 (roughly) outstanding shares
24,000,000 (roughly) shares in 'float' (tradable)
If approved, here will be the new statistics the date of the meeting....
300,000,000 authorized shares
90,000,000 (roughly) outstanding shares
24,000,000 (roughly) shares in 'float' (tradable)
Hope this helps!