"How much of an increase are they proposing?"
It was nice of them to tell us .. wait , they didn't. In fact , they buried that little bit of verbiage way down in the filing , didn't they. They refused to put it right up front.
"Would an increase in the authorized negate the need for a reverse split?"
Perhaps the 'need' , but not necessarily the 'desire'.
More sucke , er , I mean shareholders are likely to trade a 3 cent stock or a .30 stock after a R/S than they are a .003 stock , thus providing more 'liquidity' within which YAGI can convert/sell more Preferred.
jonesie
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