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    1 Reply Latest reply on Jun 2, 2009 7:37 PM by LUCKIEST

    Shares.

    Anpadh Newbie
      I just incorporated as a "C" corporation. I needed to state how many shares the company has. I wrote 100. But, in future, if I want to increase the number of shares, how can I do that?
        • Re: Shares.
          LUCKIEST Guide

          Shares.

           

          The board of directors control the issuance of stock. Authorized
          shares is the total number of shares of stock that the board of
          directors are "authorized" to issue to shareholders. The
          board may issue all the shares now, or issue some now, and some
          later.

           

          So therefore the board of directors can always vote in the future to increase the number of shares

           

          LUCKIEST