nope, in fact what they will do is keep diluting up to and throughout the share increase.
What else can a broke scam of a company do to get by.
______________________________________________________________________
Just got my package for the vote at the shareholders meeting. It states " On the Record Date there were 264,454,235 shares of Common Stock and 2,500,001 shares of Series A Voting Preferred Stock issued and outstanding." Record Date being November 5, 2013.
So it looks like BRND did not buy back any shares over and above the authorized 250,000,000. Looks like they have done the opposite.
Do they HAVE to buy back these shares that are over and above what is currently authorized to issue?
