InvestorsHub Logo
Followers 5
Posts 270
Boards Moderated 1
Alias Born 01/16/2010

Re: aaron21 post# 3947

Monday, 02/08/2010 8:48:11 PM

Monday, February 08, 2010 8:48:11 PM

Post# of 7234
Authorized shares means they CAN dilute further up to that number but doesn't necessarily mean they will. They just want to extend the authorized shares number so that when/if they decide to dilute again, they can do it quicker instead of having to wait for an authorized shares increase to be approved at a shareholders meeting.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.