Cuentas Inc (CUEN)

[shajandr]

Don't waste time arguing whether the AS is 250M or 750M. The Board has the authority to increase the AS whenever they want as much as they want.

If they reduced the AS to 250M today, they can raise it to 2 BILLION like EXPU tomorrow. Whenever you see a corporation where a majority vote of the common stock shareholders are required to pass a change in the authorized share count, it is always a rig job by whomever controls that power - whether the BOD or a class of supervoting or control stock preferreds.

Whenever commons don't control the authorized limit, they are always subject to dilution by those insiders/preferreds who have that power - and when one has power to benefit oneself, that power inevitably gets used to the benefit of the powerful and the detriment of those without power.

If the AS is 250M, may as well assume it's 750M or 2B by next month - why? Because it CAN.