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$Farmmi (FAMI.US)$ What does this mean? Does it mean it will...
(1) Increase in authorized share capital proposal: Approve the resolution to increase the statutory share capital of the company from $600,000 to $6,000,000, divided into 6,000,000,000 ordinary shares with a face value of $0.001, by adding 5,400,000,000 new ordinary shares with a face value of $0.001, valued at $0.001.
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赌生死 : 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