InvestorsHub Logo
icon url

phaseshift

11/21/11 11:50 AM

#89091 RE: FRAKSTER #89090

you read it wrong then, they said they would raise it if need be. But right now the A/S is 1.5b. Noting in the PR states they have already raised it.
icon url

flemdog33

11/21/11 11:54 AM

#89096 RE: FRAKSTER #89090

Bunch of vultures here now! Why don't you read the PR. May increase down the road is a heck of a lot different than DID raise it like you stated. Get your facts straight!
icon url

lottotix

11/21/11 12:11 PM

#89108 RE: FRAKSTER #89090

No that is not what PR states:
"There will also be no reverse split in connection with this transaction. If warranted at a later time, the Board may increase the authorized share to no more than three billion for the purpose of future mergers, JV's, and acquisitions. This will enable us to help grow Stratton into a very solid and diversified holding company. "I look Forward to this new venture and will be updating shareholders with more details as developments unfold."

The company's current share structure as of today, is:

A/S is 1,500,000,000

O/S is 1,490,875,600

Float is 1,290,875,600


icon url

hdsstocks

11/21/11 1:59 PM

#89208 RE: FRAKSTER #89090

Compensated Awareness Post View Disclaimer
Not yet it's not.