Replies to post #4274 on Raphael Pharmaceutical Inc (RAPH)

[jimmenknee]

eye_ater :-) Technically, the process:

EFFECTIVE DATE OF THE INCREASE IN THE AUTHORIZED SHARE CAPITAL

Stockholder approval for the amendment to our articles of incorporation was obtained by written consent of ten stockholders owning, in the aggregate, 57,783,317 shares of our Common Stock, which represented 61.9% of the 93,303,000 issued and outstanding shares of our Common Stock on the Record Date. The increase in our authorized share capital will not become effective until not less than 20 days after this information statement is first mailed to holders of our Common Stock and until the appropriate filing is made with the Nevada Secretary of State.
http://www.secinfo.com/d13y6x.s2d.htm

And there is no absolute that the change will occur until the Nevada filing-- regardless of intention.

So it'll probably be another month at least before this could become effective...