Pacel Corp (PCOR): Exactly... they have to modify their Art...

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Re: matrix post# 83

Saturday, 03/05/2005 12:16:54 AM

Saturday, March 05, 2005 12:16:54 AM

Exactly... they have to modify their Articles of Incorporation after the R/S, just as I wrote. The R/S modified both A/S and O/S, and for them to continue the dilution, they need to modify the Articles of Incorporation first. If they have an "E" appended when they R/S, then it appears that they can't do that, or any dilution until the "E" is removed, although I have not confirmed this. Example is GLKCE.

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