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GOGY - Golden Grail Technology reduces authorized share count to 500M
Golden Grail Technology Corp
Golden Grail Technology ( OTCPK:GOGY ) has filed to reduce its current authorized share count from 5 billion to 500 million.
"It is difficult to imagine a situation in which the Company would need to issue 5 billion shares. We believe this reduction leaves sufficient shares in reserve and serves to minimize dilution among our shareholders" said Steven Hoffman, CEO.