Shares outstanding plus share obligations (options, warrants, etc) should be well over 350 million shares now. The authorized limit is only 400 million shares. GNUS is going to need more shares.
Andy said the last increase in shares was for "accretive acquisitions", but, more of the shares have gone to management, so far.
There is nothing to fear, but, fear itself. If you think management is handling the shares wisely, another increase in authorized shares or a reverse split shouldn't be a problem.
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