InvestorsHub Logo
Followers 4
Posts 2219
Boards Moderated 0
Alias Born 10/15/2010

Re: variant2 post# 111332

Wednesday, 04/13/2011 8:27:27 AM

Wednesday, April 13, 2011 8:27:27 AM

Post# of 289420
An AS cap is meaningless when management has the authority to raise it at-will. It might as well be listed as unlimited because without the requirement of a shareholder vote, it is for all intents and purposes unlimited. Lowering the cap is nothing but a dog and pony show.