Delete comment from: Stripper's Guide
EOCostello said...
One alternate possibility is that while the corporation may have increased its authorized capital to $200,000, it might have anticipated this coming in a number of tranches, from a number of different "angels," and rather than increase the authorized capital in dribs and drabs, the capital was increased in one go. Under this scenario, the company might not have gotten $185,000 in additional capital, but at least, perhaps, a portion of that.
Apr 13, 2021, 8:20:30 AM