Replies to post #1126 on La Jolla Pharmaceutical Co (LJPC)

[mgland]

LJPC - Looking for permission to increase A/S, and r/s at annual meeting. From PRE 14A filed 6/16/10:

"You are cordially invited to attend an Annual Meeting (the “ Annual Meeting ”) of Stockholders of La Jolla Pharmaceutical Company (the “ Company ”). The meeting will be held at the Company’s offices, located at 4365 Executive Drive, Suite 300, San Diego, California on [date] at [time] , local time. The Annual Meeting will be held for the following purposes:

1. To elect (A) one Class I director to serve until the Company’s 2012 Annual Meeting of Stockholders; and (B) one Class II director to serve until the Company’s 2013 Annual Meeting of Stockholders;

2. To approve up to two amendments to the Company’s Restated Certificate of Incorporation to implement up to two reverse stock splits, each within a range from 2-for-1 to 100-for-1, with the exact ratio(s) of the reverse stock split(s) to be determined by the Board of Directors of the Company;

3. To approve an amendment to the Company’s Restated Certificate of Incorporation to (A) increase the number of shares of Common Stock authorized for issuance thereunder from 225,000,000 to 6,000,000,000 and (B) decrease the par value of the capital stock of the Company from $0.01 to $0.0001;"