Oh i see, my understanding was that the A/S can never be lower than the actual O/S. IMO the change should be filed with the NVSOS with an effective date. if they don't have the approval why lowering the A/S way below the given O/S? Just doesn't make sense to me.
Greek shipping company says SEC wants documents related to stock offerings By Spencer Jakab Aug. 30, 2017 5:28 p.m. ET The Securities and Exchange Commission has issued a subpoena to DryShips Inc., a once obscure Greek shipping company, for information tied to the company’s huge sale of stock over the past nine months.
The subpoena, which was disclosed by DryShips in the l