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Re: Canecorsos post# 24139

Tuesday, 10/12/2010 7:07:30 PM

Tuesday, October 12, 2010 7:07:30 PM

Post# of 41960
We've never been "way up here" in shares. Last time we went from 100 million to 500 million. And that was ALL> That was all we were ALLOWED. then the reverse came, moving us back from 500 million to 100 million again. But the authorized remained at 500 million.

Now we have an authorized of 2 BILLION, and we are about 1.4 billion already out htere.

So my quesstionis different form yours. It is "WHEN and HOW did we go from 500 million being the authorized on the day of the reverse, to somehow approving (Without me, a sharesholder, ever seeing a "vote" on the amount authorized)the authrozied to go to 2 billion?"

At the end of 2009, we were back up to 500 million. So I assume the change in authorized occurred in 2010. Anyone else ever see a vote on that? It is a legal requirement for the shareholders to vote on a change of authorized shares, isn't it? How did it happenw ithout that legal vote??

that's my question. ANyone that talks to Wilf can ask it on one of the Monday night programs if you want.

Be safe BIlly. Still counting on you to bring us all to prosperity in spite of the corporate conditions of this comapny. smile