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Non-Tech : SLJB - Sulja Brothers Building Supply, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Done, gone. who wrote (121)	9/27/2006 5:54:11 PM
From: creede	Read Replies (1) \| Respond to of 1681

But the A/S did not go down. The "A/S" is the authorized shares. The SOS had the number set at 850 mil. That means that it was 850 mil, and the company could have issued those shares. Mistake, or no mistake, that's what it was. When the company choose to lower the A/S, they did, in fact, in effect lower the # of shares they could issue, and thereby did limit and restrict themselves of the ability to inflate the capital structure in order to squeeze funds. And a P & D would do this why? The A/S is now 800 mil. That's 50 mil lower than it was on Monday. It wasn't court ordered...they did it out of love for their investors. GB-ND c