Replies to post #112239 on Baron Capital Enterprise Inc (BCAP)

[~ Blue ~]

BCAP~ Shares freezed: The Florida SOS filing http://www.sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=S68597&inq_came_from=NAMFWD&cor_web_names_seq_number=0005&names_name_ind=&names_cor_number=&names_name_seq=&names_name_ind=&names_comp_name=BARONCAPITAL&names_filing_type=

[fear ceoil]

Article_VII_Section_10_Shares cannot be created out of thin air.

Back to the original question: How can there be an increase to 10 billion shares?

. . . which entitle the holders thereof to purchase from the corporation shares . . . whether authorized but unissued shares, treasury shares, or shares to be purchased or acquired by the corporation . . .

Any stock rights have to be exercised on the existing authorized share structure if it is for common shares.


IMO
Best to all.