Actually, I believe it was raised after one of my partners introduced another client who may have been a merger or acquisition scenario, this did not transpire, but Mr. Morris would have needed more Authorized Shares to fund something like this.
Wow, I know you guys are gun shy, but Jeesh! He has to have enough shares to run the company. We're only talking about another 12M shares, not 120M...
Also, it was Stallion's recommendation to start an employee stock option program, which would need to have shares available. This is obviously a good way to attract good talent.
20M shares is not enough shares to dilute the shareholders to the point that they were diluted prior to Stallion. You guys all need to relax and let Jim run the company. You have nothing to lose at this point. He may actually make you a profit, who knows...
