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Monday, May 02, 2011 10:57:36 AM
Previous Stock Value: Par Value Shares: 2,000,000,000 Value: $ 0.001 Par Value Shares: 100,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 2,100,000.00
New Stock Value: Par Value Shares: 5,000,000,000 Value: $ 0.001 Par Value Shares: 100,000,000 Value: $ 0.001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 5,100,000.00
Isn't that more clear?
Only 1 of the par value numbers changed .... I can tell what happened here, but in the case of CIST ... I have no clue, one number is 1% of the original while the other is 25 times larger the other. I am not talking about the "Total Authorized Capital" amount, that is not relevant for now.
Here it is again for those that don't understand.
Previous Stock Value: Par Value Shares: 2,000,000,000 Value: $ 0.00001 Par Value Shares: 20,000,000 Value: $ 0.00001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 20,200.00
New Stock Value: Par Value Shares: 20,000,000 Value: $ 0.0001 Par Value Shares: 500,000,000 Value: $ 0.0001 No Par Value Shares: 0 ----------------------------------------------------------------- Total Authorized Capital: $ 52,000.00
20,000,000 is 1% of 2,000,000,000
500,000,000 is 25 times 20,000,000
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