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I've always felt it made more sense to just print up a bunch of new shares. Basically all Delaware incorporated businesses have shares (even those not publicly
by sidewndr46 4y ago
I've always felt it made more sense to just print up a bunch of new shares. Basically all Delaware incorporated businesses have shares (even those not publicly traded) in their charter. Just print up 99x the current number of shares and hand them out appropriately to settle claims. The existing shareholders wind up with around 1% of their value, which seems more than fair enough in all cases.