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success622

06/11/06 7:26 PM

#76402 RE: icgreen22 #76400

icgreen, no,
it means Yahoo Finance is wrong if that is what it's showing.

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Andrew138

06/11/06 9:36 PM

#76405 RE: icgreen22 #76400

Yahoo Finance jumped the gun. It is incorrect to show the A/S at 5 billion before approval at the shareholders meeting. They may have forgotten that the ASM date was changed to June 28. However, IMHO, it is a forgone conclusion as management controls enough votes to carry it through.

Andrew138
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beacon27

06/12/06 4:55 AM

#76416 RE: icgreen22 #76400

icgreen. Management (i believe) dont need our approval to increase the A/S. not in the OTC anyway.
Its just a way to make shareholders assume some of the responsibiity under the guise of shared ownership of a corporate decision.
Why else would they ask us to vote on it.

IMO, just a little shareholder PR.

Correct me if Im wrong.