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Re: MONEYMADE post# 56962

Monday, 06/06/2011 10:26:40 AM

Monday, June 06, 2011 10:26:40 AM

Post# of 74547
Being given an increased Authorized share amount by the courts allows the company to have a little breathing room to issue shares to settle debt with the always open point of being able to buy them back in the future.

Increasing authorized shares allows new shares to enter the market for new investors since the legacy shares currently being held while this company is still in BK status would be the only way to trade QSGI/Krusecom initially.

The company would need to increase the float if this thing is going to increase in price toward uplisting to a higher exchange, decreasing overall debt, and maintaining multi-million shares-traded days for the overall increase in market capitalization. It would seem their goal is to make it to NASDAQ eventually.
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