Greenland Corp. (GLCP) Message Board

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Microcap & Penny Stocks : Greenland Corp. (GLCP)

GLCP 1.000

0.0%

Jan 29 9:30 AM EST

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To: fubsy cooter who wrote (1658)	5/19/1998 12:30:00 AM
From: Sigmund	Read Replies (2) of 2278

More shares are available after a reverse split because they have a fixed number authorized. The number authorized does not get changed by the split whereas the number issued decreases by 10 to 1, so they then have more shares available. They could have increased the number authorized but I gather that that is more difficult to do.

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