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Unaudited Q2 2019 Consolidated Interim Financial Statements & MDA for the six months Ending June 30th, 2019 STARBOARD MARKETING SYSTEMS, INC. AND SUBSIDIARY 20c Trolley Square Wilmington, Delaware,
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Total shares authorized refers to the maximum number of shares that a company is legally allowed to issue.
Companies that are publicly traded or have multiple shareholders are typically required to file total shares authorized.
The total shares authorized can be filled out in the company's articles of incorporation or bylaws.
The purpose of total shares authorized is to establish the maximum number of shares that can be issued by a company.
The total number of shares authorized and any restrictions or conditions on their issuance must be reported.
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