Ditto..... its almost suspicious that Scwab would do that. I will be speaking to them later. I've always been pleased with them however, seems like an odd thing for them to do.
We know TDAmeritrade has an element of scumbaggery as far as penny stocks are concerned...... which is why I dumped them years ago.
GRANT AUTHORITY TO THE BOARD OF DIRECTORS TO AMEND THE ARTICLES OF INCORPORATION TO INCREASE THE AUTHORIZED NUMBER SHARES OF COMMON STOCK
Purpose: Minerco’s board of directors has unanimously adopted a resolution seeking stockholder approval to authorize an amendment to our Articles of Incorporation to increase the number of authorized shares of common stock from 2,500,000,000 shares to 3,500,000,000 shares. Minerco’s Articles of Incorporation, as currently in effect, authorizes Minerco to issue up to 2,500,000,000 shares of common stock, par value $0.001 per share. The board of directors has proposed an increase in the number of authorized shares of the common stock of Minerco and stockholders holding a majority of the outstanding voting power have approved the filing of the Amendment. Upon the filing of the Amendment, Minerco will be authorized to issue 3,500,000,000 shares of common stock and the authorized number of shares of preferred stock, will remain the same.