Replies to post #598 on Francisco Industries, Inc. (FRAZ)

[JDoggs_Money]

A couple things in response to your question...

1. The AS is 5 million per the NJ SOS site. So that's the max they can dilute to.

2. The lawyers are the ones that own the majority share (Nick and Carlos), so it doesn't make sense to dilute to themselves.

3. Diluting shares come with the risk of not having 50% of the shares in US citizen hands, which will void the claim.

Shares haven't been diluted for 40+ years, so I doubt this will be an issue.

Good question, but remember this used to be a big boy stock, not OTC. No need to dilute and the Nick wants to repay those that were wronged (shareholders and company owners).