Replies to post #87220 on Health Sciences Group Inc (HESG)

[Eternalist]

Incorporated In: DE, USA

http://www.otcmarkets.com/stock/HESG/company-info

HESG is not incorporated in FL and we the shareholders never authorized Tom to increase the AS.

Authorized Shares Definition
The maximum number of shares of stock that a company can issue. This number is specified initially in the company's charter, but it can be changed with shareholder approval. Generally a much greater number of shares are authorized than required, to give the company flexibility to issue more stock as needed. also called authorized stock or shares authorized.


Read more: http://www.investorwords.com/333/authorized_shares.html#ixzz1mSm6szm7