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To: PAL who wrote (48849)6/24/1998 8:18:00 AM
From: DWW II  Read Replies (2) | Respond to of 176387
 
CRICKET & PAL,

Pal is correct. I found my "NOTICE OF ANNUAL MEETING OF STOCKHOLDERS". On the first page it lists 3 proposals to be voted on July 17, 1998.....9 AM.....Austin Convention Center.

Proposal 1......Elec three & one directors.
" 2......Approve an amendment to increase the number of authorized shares of Common Stock from one billion to three billion.
3......Approve Exec Bonus Plan.

Can you guys explain what this does. Thank you in advance. Thanks Pal for your explanation so far. I guess I question the need to do this unless there is an up-coming 3 for 1 stock split. I mean if the shares triple and I don't get two more for each one I presently own, does that not dilute my ownership?? DWW II