Replies to post #9827 on Stockitution

[TRAPPER JIM]

Thats what they normally do.Issue some sort of news announcing a reduction of shares of some kind,then raise the Authorized so they can issue more shares and sell into the run they create.Stock split on 1/5/2012 reduced the Authorized amount to 300 mil then they increased it back up to 2 bil and maxed that out and increased it back up to 5 bil Authorized shares.Look for that to go to no bid soon. http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=e80UlmhwfhWhYcFp4TDb4Q%253d%253d&CorpName=ONTECO+CORPORATION