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Microcap & Penny Stocks : HITSGALORE.COM (HITT) -- Ignore unavailable to you. Want to Upgrade?

To: Pink Minion who wrote (6046)	10/3/2000 6:44:52 PM
From: Q.	Read Replies (1) \| Respond to 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?