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Posted On: 11/25/2018 4:13:18 PM
Post# of 33056
TB
There has not been a RS announced. A possible RS was announced in the 14C.
"The Schedule 14C, filed as part of the strategy for the planned NASDAQ uplisting, states that the Company has obtained shareholder approval to initiate a reverse stock split at any time over the next 12 months, as determined by the Board of Directors and the Company's underwriters within a ratio range of 1-for-5 to 1-for-40. The Company obtained shareholder approval for a possible reverse stock split to be employed as needed to ensure that the Company meets all of the listing requirements for NASDAQ."
There has not been a RS announced. A possible RS was announced in the 14C.
"The Schedule 14C, filed as part of the strategy for the planned NASDAQ uplisting, states that the Company has obtained shareholder approval to initiate a reverse stock split at any time over the next 12 months, as determined by the Board of Directors and the Company's underwriters within a ratio range of 1-for-5 to 1-for-40. The Company obtained shareholder approval for a possible reverse stock split to be employed as needed to ensure that the Company meets all of the listing requirements for NASDAQ."
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