Timyan Philip J – PHILIP J. TIMYAN 4324 Central Avenue Western Springs, Illinois email@example.com (April 19th, 2017)
Community West Bancshares recently sent out proxy statements to each shareholder. I don’t believe increasing the authorized shares is a good idea. Community West Bancshares seeks shareholder approval to increase the authorized number of common shares from 20 million shares to 60 million. Based on Form 10-K’s for the years ended 2012 to 2016, the company’s outstanding shares increased from approximately 6 million shares to approximately 8.1 million shares on account of the debenture conversions occurring during 2013.