Replies to post #6012 on WeedHire International Inc (WDHR)

[DarthYoda]

It is actually recommended to set the par value as low as possible, particularily for a Delaware Corp. But you are partially correct in that it is what the shares cost to be issued. What they cost to be sold is dependent wholly on the market and trading. I included links to a couple good articles summarizing. The last link includes Delaware's calculation methods. Notice the underlined portion here:

There are an increasing number of states that do not require you to set a Par Value on your stock, but assuming you are a Delaware Corporation, you will be advised to set a par value to minimize your potential Delaware Franchise Taxes (if you are not advised of this by your attorney, get a different attorney).

http://capgenius.com/2011/02/27/set-the-par-value-for-your-common-stock-absurdly-low-heres-why/

http://www.anythingit.com/pdfs/certsofincorporation.pdf

The par value of a company's stock -- if the stock even has a par value -- has next to no relationship to the asking price for that stock. Par value gets set when the company first incorporates, and the figure the company chooses is of interest primarily to its founders and accountants. What matters to everyone else is the market's supply of and demand for the stock.

http://finance.zacks.com/par-value-dictate-asking-price-companys-stock-4916.html


http://www.foundersworkbench.com/what-is-par-value-and-why-you-should-care/

http://corp.delaware.gov/frtaxcalc.shtml

[DarthYoda]

Google's common stock has par value of .0010:

Section 1. Authorized Shares. This Corporation is authorized to issue nine billion (9,000,000,000) shares of Class A Common Stock, par value $0.001 per share (the “Class A Common Stock”), three billion (3,000,000,000) shares of Class B Common Stock, par value $0.001 per share (the “Class B Common Stock”, and together with the Class A Common Stock, the “Common Stock”), three billion (3,000,000,000) shares of Class C Capital Stock, par value $0.001 per share (the “Class C Capital Stock”), and one hundred million (100,000,000) shares of Preferred Stock, par value $0.001 per share. The number of authorized shares of any class or classes of stock may be increased or decreased (but not below the number of shares thereof then outstanding) by the affirmative vote of the holders of at least a majority of the voting power of the issued and outstanding shares of Common Stock of the Corporation, voting together as a single class.

https://investor.google.com/corporate/certificate-of-incorporation.html