Replies to post #40608 on Central Wireless Inc (CWIR)

[realstocksarentpinks]

Look at the last quarterly report - Note 6

On May 4, 2016, an amended agreed order was filed and accepted by the Circuit Court for the 19th Judicial CircuitLake County, Waukegan, Illinois relieving an obligation to issue 853,299,108 shares of it’s common stock to SCI and/or its assignees. This reduced the 5,251,079,429 shares of common stock to be issued to SCI to 4,397,772,321 shares. In order for the Company to be able to issue said additional shares, the Company’s Board of Directors and/or the majority of its shareholders would have to increase the Company’s authorized capital for its Series A Common Stock from five billion shares to seven billion that would accommodate its current shareholders, plus the SCI right for such additional shares.