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Official OK paves the way for more celebrity scents.
December 21, 2009
By: TOM BRANNA
Editor
Parlux received the go-ahead from shareholders last week to amend its certificate of incorporation to increase the total number of shares of common stock that Parlux is authorized to issue from 30,000,000 to 40,000,000 shares and a proposal to approve, in accordance with Nasdaq Marketplace Rule 5635(d), the issuance of warrants to purchase an aggregate of up to 8,000,000 shares of its common stock at an exercise price of $5.00 per share in connection with the Artistic Brands Development, LLC lic...
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