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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)
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To: Ditchdigger who wrote (27789)5/9/1999 8:13:00 AM
From: Bald Eagle  Read Replies (1) of 44908
 
<<a shareholder vote was required to increase the authorized number>>
I think that has already been discussed here. I believe that they don't need a vote of ALL the shareholders as long as they can get a majority to vote for an increase. Since Gordo is listed as owner of over 40MM in the 10K, I guess he just needs a couple of buddies to put together the owners of over 50% of outstanding/issued ( or whatever ) shares. If someone knows more, please let us know.
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