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jackk_lutz

11/11/10 3:43 PM

#8170 RE: pumper_stumper #8161

Wrong..Wrong..Wrong..Again you are either confused and simply confusing others..First of all Nxxi "Authorized shares" and "Issued Shares" have two entirely different meanings..It's the "Issued" shares that savy investors look at mostly and not the "Authorized" shares....Shares issued are shares that have been sold..Authorized shares is the sum total of shares already sold and yet available for sale..
Generally speaking all companies have a greater number of "Authorized" shares than required simply to give the company more flexibility if ever needed..
"Issued or Outstanding" shares are the numbers shown on a companies balance sheet under the heading "Capital Stock"..This is much more important than "Authorized" shares and is used to calulate many metrics such as Market Capitalization and EPS..