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Gold/Mining/Energy : Golden Eagle Int. (MYNG)
MYNG 0.0700+5.7%Feb 21 4:00 PM EST

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To: john who wrote (10439)7/21/1998 3:31:00 AM
From: JL  Read Replies (1) of 34075
 
John...

Do you, or does anyone on this thread, know what the limit is (as authorized by a shareholder vote) for the number of shares that GE can issue?

The primary way for a company to raise money for further ventures is to issue shares. Always this is limited by a vote. The second way is to take an equity loan against their assets. I suspect this second way is closed to GE without verification.

Another point is that I don't believe that any "observer" can be on site during third party verification. It makes for problems.

Any info?

JL
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