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jurisper

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jurisper

Re: brezlin post# 2364

Thursday, 05/17/2012 5:05:20 PM

Thursday, May 17, 2012 5:05:20 PM

Post# of 6471
They'll probably just increase the authorized, as you say.

But a pennyscam RS can often have other motivations. Eg: maybe options and warrants held by insiders get protected, so that their exercise prices remain the same post R/S instead of being adjusted upwards. Same kind of thing for conversion pricing on notes and preferred stock.
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