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Message: EYI INT's Authorized shares

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larry moeckel

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EYI INT's Authorized shares

posted on Aug 09, 07 07:48AM

Is it probable that the agreement between EYI INT's a subsideray of EYI and Mach 3 for the new Heavy Duty Diesel Fuel Additive caused the stock to go down from .004 to .001?

It stated there will be an increase of EYI INT's authorized shares to 30,000,000 shares and Mach 3 will receive 5% of these shares for license of the new Mach 3 product with EYI INT's.

What was the amount of authorized shares for EYI INT's. Is it likely that the announcement of the increase in shares to 30 million caused the EYI stock to go down. I don't understand this type of dilution. Will the share holders of EYI INT's be in a better position than share holders of the public company EYII.OB which has 407 million shares?.

I appreciate your insight and comments on this situation.

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