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[QUOTE]Originally posted by Upside: [QB] [QUOTE]originally posted by will: Here's one for you to chew on. CORR First one I looked at tonight. Currently @ .006, 52 wk low, .005, News out today. Huge volume today. 20 day avg vol = 2.1M, 5 day avg vol = 4.9M, Today vol = 12.3M . What are your thoughts regarding this one. I am going to continue looking[/QUOTE] This one had me intrigued until I found this in their latest SEC filing: On June 4, 2004, the majority stockholders of the Company approved an amendment to the Company's Certificate of Incorporation, as amended, to replace Article IV in its entirety, which will result in an increase to the number of authorized shares of Common Stock. The Company's Certificate of Incorporation, as amended, currently authorizes for issuance of 820,000,000 shares consisting of 800,000,000 of common stock and 20,000,000 shares of preferred stock. The approval of this amendment to the Certificate of Incorporation will increase the Company's authorized shares of common stock to 1,600,000,000. The Company currently has authorized common stock of 800,000,000 shares and approximately 459,402,044 shares of Common Stock are outstanding as of the Record Date and authorized preferred stock of 20,000,000 and no shares of preferred stock outstanding. The Board believes that the increase in authorized common shares would provide the Company greater flexibility with respect to the Company's capital structure for such purposes as additional equity financing and stock based acquisitions. Gonna keep researching this one though. It still might be a good pick. I'll post anything I turn up. [This message has been edited by Upside (edited June 14, 2004).] [/QB][/QUOTE]
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