InvestorsHub Logo
Followers 27
Posts 1200
Boards Moderated 0
Alias Born 01/05/2011

Re: feinanddandy post# 91283

Wednesday, 02/20/2013 6:42:34 PM

Wednesday, February 20, 2013 6:42:34 PM

Post# of 162660
Take a moment and re-read the quote.

What part of a maximum number of 100,000,000 preferred shares is causing confusion? If they are only allowed a MAXIMUM of 100M preferred shares, there can be no additional preferred shares. The previous increase was included in this amendment to their articles of incorporation, yielding the 100M preferred shares previously approved.

Not 101M or 196M, but a MAXIMUM of 100M.


The maximum number of shares that this Corporation shal be authorized and have outstanding at any one time shall be two billion (2,000,000,000) shares of common stock, par value $.01 per share and one hundred million shares (100,000,000) of preferred stock, par value $.0001 per share.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GRLF News