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Re: awakeinthemorning post# 87

Saturday, 03/05/2005 2:29:55 PM

Saturday, March 05, 2005 2:29:55 PM

Post# of 113
Nevada SoS' database shows the authorized for Pacel is still sitting at 10 billion.

https://esos.state.nv.us/SoSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?CorpID=475964

A reverse split only effects the outstanding not the authorized. It is totally optional for a company to lower the authorized when doing a reverse split. Some companies do lower it, some actually raise it, but most keep it the same.


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