Lee, I keep making a liar out of myself by continuing to respond here, LOL!
Look at this statement once again. Note the newly highlighted word:
The A/S will remain 500M until the new shares are issued. This 8K just shows that they now have permission from the stateto issue the 1.5B common and the 1M preferred.
Avoid wearing a wet leather helmet. It shrinks as it dries and creates tremendous intra-cranial pressure that may affect investment decisions.
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