Cannon Exploration Inc. (fka CNEX)

[Talc Moan]

Some companies increase the authorized to stop a potential takeover. In CNEX's case there PPS is so low, that if they did find something huge, a big player could potentially buy more than 50% of the float.


They have no intentions on using nor releasing that many shares.


We will find out soon enough.


Smitter SMTT