VoIP-Pal files draft information statement for authorized share increase to 13 billion
VOIP PAL COM INC
VOIP PAL COM INC VPLM | 0.00 |
- VoIP-Pal circulated a draft information statement outlining shareholder authorization to raise authorized common stock to 13 billion shares from 10 billion.
- Authorized preferred stock remains 2 million shares.
- Move targets added flexibility to issue additional common shares, with management framing it as support for financing efforts.
- Company reported 3,826,570,684 common shares outstanding, alongside 926,438 shares of Series A preferred stock.
- Series A preferred carries 1,550 votes per share, with 51.05% of voting power recorded in favor of authorized share increase.
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