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TenKay

12/06/21 6:45 PM

#63052 RE: Skiluc #63051

When shares are issued by the company to someone they become part of the outstanding share count.

They are not “reserved shares” they are ISSUED shares that someone owns.
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DocBNM

12/06/21 7:09 PM

#63053 RE: Skiluc #63051

LMAO; let's start with something ya'll do agree on. Can we all agree that the AS was lowered to 75 million ?????
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TenKay

12/06/21 7:19 PM

#63054 RE: Skiluc #63051

Read what you posted again. I will point out the inconsistency.

Shares outstanding are all the shares of a corporation that have been AUTHORIZED, issued and purchased


Authorized…. As in reserved. Any more questions? Yikes.

They DO NOT have to be issued to be accounted for! Case closed.”


Actually they do NEED to be issued and paid for before they become part of the outstanding….as the quote you provided exactly says. Did you miss the “issued and purchased” part?