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Microcap & Penny Stocks : SCTU - SC & T International Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Mr. K who wrote (409)4/20/1998 3:59:00 PM
From: Comwiz III  Read Replies (1) | Respond to of 741
 
Why would a shareholder let them authorize 50 million more shares? Wouldn't that mean that our current shares will be worth 1/3 what is worth now? right now, 1 share is 1/25,000,000 of the company, if they authorize more shares, it will be only 1/75,000,000 of the company? Could someone please explain what I am missing?
Thanks,