OTCPK:AETLF - Post by User
Comment by
Austonianon May 23, 2013 7:42pm
165 Views
Post# 21434238
RE: RE: Info from Arsenal
RE: RE: Info from Arsenal Thank you for answering the question about authorized shares. Many corporate charters do have limits on shares that can be issued and it would be kind of interesting to understand why Arsenal does not. Maybe you know?
Since Arsenal has no authorized limit it makes my other question null and void about the accounting treatment of reverse split stock from "an authorized share standpoint". It is not uncommon for companies that reverse split to amend their charter and reverse split their authorized shares.