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Microcap & Penny Stocks : HITSGALORE.COM (HITT)

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To: Pink Minion who wrote (6046)10/3/2000 6:44:52 PM
From: Q.  Read Replies (1) of 7056
 
"We are authorized to issue 250,000,000 shares of our common stock and 15,000,000 shares of our preferred
stock pursuant to an amendment to our Articles of Incorporation adopted on September 15, 2000. "
10kwizard.com

Hmm. I thought they were authorized to issue 50 million. Now it's increased five-fold?

Was there a shareholder vote on this? I sure can't find a proxy for such a vote on Edgar.

How can they increase the number of authorized shares without having a shareholder vote?
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