$Farmmi (FAMI.US)$ What does that mean it's going to be 0.00...
(1) Proposal to increase authorized share capital: A motion to approve the ordinary resolution to increase the authorized share capital of the Company from 600,000 US dollars to 600,000,000 shares of common shares with a face value of 0.001 US dollars to 6,000,000 US dollars, divided into 6,000,000,000 shares of common stock with a face value of 0.001 US dollars by adding 5,400,000,000 shares of new common stock with a face value of 0.001 US dollars, worth 0.001 US dollars.
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炒股养全家 : It is estimated that shares will be added or diluted. Please answer from experts. But I just cleared the warehouse
7795HC : Good news, or bad news??
Mike Hunt : That .001 price you are so concerned about is called the “par value” and is an accounting construct. Search “par value” and it will explain how that price is not related to the actual market price mechanism