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Microcap & Penny Stocks : MDMI - Italian Bakery Extraordinaire!

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To: Massimo's Bakery who wrote (2948)6/6/1999 10:16:00 PM
From: Old Stock Collector  Read Replies (1) of 3584
 
Answer this please Massimo's: ????????
Your last SEC file you sent me was from January 24, 1995
It was done by Massimo's Chief Financial Officer Christopher T. McGowan

In this SEC document states 50,000,000 authorized shares of common stock. Total outstanding as of 12/31/94 was 576,932 par value of
$.001 per share.

Question? Do you plan on increasing the authorized share count?
or has it already increased?
or
Is a reverse split coming? Because when a reverse split is done most
companies keep the same amount of authorized shares and after the split
the company can start to issue more stock.

Either way I look at it total outstanding shares now is what about
47,000,000?

How are you going to be able to issue more stock? Because it looks like you issue about 9 million new shares each year.

I don't feel like asking Investor Relations & since you like to post
here on SI you can go ahead an answer.
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