This is from Casual Looks Ltd, question to capital increase.

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I would like to add new fresh capitals to the company and issue new shares. Could you explain me what is the correct procedure in order to issue new shares?


The total amount available for this process is €1.000 and I would like to know what are the fees I will support for the entire process. As usual I prefer to send you the money via moneybookers and then you deposit them in my corporate bank account in Cyprus.

 

[JohnLocke]

Kindly be informed that as per our documents in file the share capital of the company is USD 1 Million, and that only 1 share have been issued.


Please note that for the issue of the share certificate for the amount of $ 1 Million, we have two option.


1) Since you already hold a share certificate with one share, we can issue a second share certificate with the remaining balance, which gives a total of one Million.


2) We would need you to return the old share certificate to us, whereby only one share was issued, and we would cancel it, and provide you with a new share certificate with the total of 1 Million share stated on it.


Please note that the fees for the change in share certificate would be EUR 450 inclusive of courier.

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