Replies to post #232820 on Wave Systems Corp. (fka WAVXQ)

[player1234]

This makes my point clearly

"To increase or decrease its authorized capital stock or to reclassify the same"
a split at a fixed ratio does not do that.

[dig space]

player, the point at issue was whether an RS requires shareholder approaval under Delaware law:

"or by subdividing or combining the outstanding shares of any class or series of a class of shares into a greater or lesser number of outstanding shares"