New York, New York 4/21/2010 2:00:00 AM
News / Business

Bederra Corp. Reduces Authorized Shares

Bederra Corp. (Pink Sheets: BEDA) management has issued an update to its share structure. The company reduced its Authorized Shares from 5 billion to 1.9 billion. Bederra Corporation currently has 1,378,759,000 issued and outstanding shares. The float on the company’s stock is 404,827,453 shares.

 

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The company removed its preferred shares which cancelled out any convertible shares which were reported in previous financials. Insider’s stock was given 3 to 1 voting right on their shares of common stock which gave these stockholders a majority vote

 

Bederra Corporation provides multiple modality diagnostic medical services to the greater Houston area and the world famous Texas Medical Center. The Company's business strategy is to continue to expand its current operations and seek out additional acquisitions that will complement its core offerings.

 

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