Berkeley CSUA MOTD:Entry 49709
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2025/07/08 [General] UID:1000 Activity:popular
7/8     

2008/4/10-12 [Industry/Startup, Finance/Investment] UID:49709 Activity:nil
4/10    Can an impartial stock investor please clarify the following statement
        for me so that I can vote to the best of MY interest and not the
        interest of the CEO/CTO/CFO?
        "Approval of an amendment to X's 200X Stock Plan to increase the
        number of authorized share of Class A common stock issuable
        thereunfer by 6,500,000"?
        \_ It is hard to say, without knowing more about the companies
           condition. They are trying to increase the amount of preferred
           shares available to sell, in case they need to raise capital.
           This generally dilutes existing shares, but might be needed, if
           they are low on cash or something.
           \_ If I give you more details would that help? The company has
              between 10-20K employees, their stock was inflated to
              ridiculously high in Q4 2008 but has since then tanked about 40%.
           \_ They might also be supplying shares for stock options and ESPP.
              -- !OP
2025/07/08 [General] UID:1000 Activity:popular
7/8     

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