The Capital Stock Forecast in Bronx form facilitates the formal issuance of common stock by a corporation's Board of Directors. This resolution outlines the procedure for issuing shares in exchange for cash or assets and requires the acknowledgment of the received consideration. Key features include the identification of shareholders, the number of shares to be issued, and the specific consideration for those shares, whether cash or assets listed in designated exhibits. Filling out this form involves the Board members approving the resolution, followed by the Secretary certifying the adoption date. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who deal with corporate governance and stock issuances. It serves as a legal record, ensuring compliance and transparency in stock transactions. Furthermore, it assists professionals in maintaining proper corporate documentation and facilitating future financial transactions.