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Message: RE: Purposes and Effects of the Authorized Shares Amendment

RE: Purposes and Effects of the Authorized Shares Amendment

posted on Jun 23, 2005 07:25AM
``Other than as described in the other proposals in this Proxy Statement, the Board has no current plans to issue Common Stock. However, the Board believes that the availability of such shares will provide the Company with the flexibility to issue Common Stock for proper corporate purposes that may be identified by the Board from time to time, such as financings, acquisitions or strategic business relationships.

Too bad EDIG did not acquire APS via a stock swap, develop it and then spin it off to WENCOR....

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