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Technology Stocks : ESVS vs DCLK
ZULU 0.0002000.0%Dec 12 9:30 AM EST
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To: BlackStar who wrote (361)3/3/1998 11:51:00 AM
From: slipnsip  Read Replies (1) of 717
 
In order to increase the number of authorized shares, you need shareholder approval. (At least on reporting companies). If mgmt owns the majority of shares, they can virtually print as many as they like. They would be diluting their own shares at the same time. The cash from the selling of these potential shares would go directly into corp coffers thus available for management to spent as they see fit.
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