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loud1125

06/16/09 1:50 PM

#156579 RE: Darth Trader #156569

Investopedia explains Authorized Stock

This number can be changed only by a vote of all the shareholders. Management will typically keep the number of authorized shares higher than those actually issued. This allows the company to sell more shares if it needs to raise additional funds.

You bring up a good point of "why" SH wern't asked.