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Gold/Mining/Energy : PYNG Technologies
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To: Mickey who wrote (1644)3/27/1998 8:23:00 AM
From: the Chief   of 8117
 
Hi Mickey. All companies applying for VSE listing or for that matter any CDN listing will receive an authorized 100,000,000 shares. Unless they are on probation. The 100,000,000 shares is irrelevant to this and every other stock. When the stock is listed it allows the company to grow without the VSE having to change the listing requirement.

ie. If the number was 10,000,000, the day the company applied to surpass that would cause a significant amount of paperwork for the company and the VSE. Remember all requests for share increase must be approved by the listing exchange. So it doesn't matter of the number was 1 billion, it has no relevance. Welcome to the thread.

the Chief
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