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Replies to post #721 on Tao Synergies Inc (TAOX)

Replies to #721 on Tao Synergies Inc (TAOX)
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Selett

02/14/17 2:51 PM

#722 RE: F1ash #721

They're voting at the end of the month to increase the authorized share count to 150,000,000. They need the ability to issue stock to raise funds and potentially fight off an unwanted purchaser. Also to increase liquidity.
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XenaLives

02/14/17 2:56 PM

#723 RE: F1ash #721

Liquidity is the ability to buy and sell. It is not directly related to share count.