InvestorsHub Logo
Followers 5
Posts 826
Boards Moderated 0
Alias Born 12/10/2009

Re: HighYieldInvestments post# 39657

Wednesday, 08/21/2013 12:49:25 PM

Wednesday, August 21, 2013 12:49:25 PM

Post# of 41931
It is the number of issued shares that will affect the market price of VSTA and not the authorized number of shares. BGMO owns a mere 50000 shares of VSTA.

I would suggest that if BGMO does not deliver the cash, VSTA will raise the authorized limit and print hundreds of millions of shares at pennies per share to fund its daily cash needs.