Replies to post #11713 on OMDA Oil and Gas, Inc. (OOAG)

[rongarden]

Fat, you are wrong. 100% wrong. The authorized share count cannot be raised without a vote. Call a securties attorney and ask.

[Sheepdog]

sorry fAt - there IS such a requirement. It's just that AEB has ignored them for so long.

A week ago he unilaterally "cut" the authorized shares to 250M. Tomorrow, he can increase them to 10B again and sell all of them before anybody here would have a clue.