I am still waiting for answer on the reduction of the O/S from them,which i asked Rhett with no response why the O/S went down --See post #4272.
Good question about the authorized.
A company's authorized share capital will not increase without shareholder approval. Corporate charters often require shareholder approval to increase the number of shares of authorized stock.
I haven't seen any proxy to vote for the increase--has anyone?
Business Warrior @BizWarriorLIFE We are in the final stage of acquiring another company, which will be our 2nd acquisition this year! with a company update & the steps we’ve taken to get this deal done. Exciting times for $BZWR!
They have filed a s-1 yesterday as per Rhett.
We are in the final stage of acquiring another company, which will be our 2nd acquisition this year! Here is our CEO @RhettDoo with a company update & the steps we’ve taken to get this deal done. Exciting times for $BZWR! pic.twitter.com/h1O0klLHbx
Rhett Doolittle @RhettDoo · 6m This is huge! The due diligence is done so we’re at the home stretch of this acquisition. We had to increase our authorized shares, but that does NOT mean our issued shares will go up by that much. The deal is structured to minimize dilution while adding a ton of value. $BZWR