Once again...that is not what par value means. Here is the education lesson again:
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. The par value has no impact on the “valuation” of your company as viewed by potential investors nor the future potential of your business. It is a meaningless number these days, so set it at a level that truly makes it meaningless and avoid paying a lot of money for your founders shares in the process. Essentially, allowing founders of companies to pay less taxes on their original shares.
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