InvestorsHub Logo
icon url

anders2211

01/19/18 10:54 AM

#154160 RE: jdheart101 #154148

Like I said. There is no escaping for NWBO to have a 51% yes on increase of shares very soon (before June 1). 51% of ALL outstanding shares (*) I might add not the one voting at the SM. For this to happen NWBO MUST start its good news show today... IMO


(*)The number of authorized shares of any such class or classes of stock may be increased or decreased (but not below the number of shares thereof then outstanding) by the affirmative vote of the holders of a majority of the stock of the corporation entitled to vote irrespective of this subsection, if so provided in the original certificate of incorporation, in any amendment thereto which created such class or classes of stock or which was adopted prior to the issuance of any shares of such class or classes of stock, or in any amendment thereto which was authorized by a resolution or resolutions adopted by the affirmative vote of the holders of a majority of such class or classes of stock.

http://delcode.delaware.gov/title8/c001/sc08/index.shtml