My question involves business law in the state of: Delaware
I'm not sure how to figure out the amount of shares and the par value. Should the total equal the net worth of the business or more or less? What is the rule of thumb on this type of situation?
What would be the down side to having an amount less than the net worth?
From what I read in order to stay away from expensive filling fee's the total should be no more than 75000. At a later date how hard is it to increase the number of shares and in doing so having a par value total high than 75000?