Replies to post #108944 on Biocentric Energy Holdings, Inc. (BEHL)

[el_loco09]

Does the RS have to be Ok'ed by the shareholders, or can the Company Management just decide to go ahead and do it even if there are protests?

Sometimes shareholders get to vote on it but usually with pinks and OTC it is approved and announced by the Board of Directors. It is usually a nasty surprise for anyone currently holding the stock.

Is the thought that, in BEHL's situation, a 1:100 RS is pretty much the norm that will happen, or are there other ratios possible/likely?

The more shares that have been authorized and released makes it necessary to increase the ratio to bring the share structure back to a rational level. With 15 billion shares authorized and who only knows how many of those currently in the float I think something closer to 1000:1 will be required.