InvestorsHub Logo
icon url

CMRICE

10/21/14 8:26 AM

#24707 RE: bigbadbilly #24705

Thank you for the explanation. Looks like there are several ways to look at this. Kind of leaves no choice but to sit back and wait until production starts.
icon url

Nadendla

10/21/14 9:26 AM

#24720 RE: bigbadbilly #24705


The number of issued shares is a subset of the total authorized shares. It is that amount which the board of directors and/or shareholders have agreed to allocate. Issued shares are the sum of outstanding shares and treasury shares.




http://en.wikipedia.org/wiki/Issued_shares

..when the number of issued shares is a subset..hence..part of the Authorized shares..wherein..the authorized shares are 2.5 Billion..out of which the issued shares are 1,849,455,297!...explain how the authorized shares will still be 2.5 billion after R/S ???...

TBEV