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Posted On: 04/29/2021 11:59:12 AM
Post# of 4880
$INVU Investview Shareholders Approve a Future Potential Reverse in Association with an Uplist
https://finance.yahoo.com/news/investview-sha...00959.html
Eatontown, New Jersey, April 29, 2021 (GLOBE NEWSWIRE) -- Investview Inc. (OTCQB: INVU) will be filing a preliminary Schedule 14C today reflecting that its shareholders acted by majority written consent to provide the Board of Directors the ability to execute a reverse split for up to 1 for 20 in conjunction with an uplist to Nasdaq.
“As our FINTECH plans are generating the desired financial results, we are preparing in advance to uplist and reverse split over the next 12 months. This is in anticipation of future actions to address the Company’s capitalization. It is important to have the option to do this, so we can execute when needed,” said Joseph Cammarata, CEO
Investview’s majority shareholders have agreed to give the board the ability to do up to a 1 for 20 reverse split to be utilized in connection with an uplist to the Nasdaq over the next year. The company’s strong fundamental sales and earnings performance qualifies the company for a Nasdaq uplist and this vote allows this to happen depending on Nasdaq’s determination and Board of Directors’ Approval.
Mario Romano, Director of Finance commented, "We are honored to have potentially earned the right to join the other major Fintech companies on this prestigious exchange. On a personal note, it has been a dream of mine to one day ’Ring the Nasdaq Opening Bell’ and announcing today's action is the first step to that dream becoming a reality."
https://finance.yahoo.com/news/investview-sha...00959.html
Eatontown, New Jersey, April 29, 2021 (GLOBE NEWSWIRE) -- Investview Inc. (OTCQB: INVU) will be filing a preliminary Schedule 14C today reflecting that its shareholders acted by majority written consent to provide the Board of Directors the ability to execute a reverse split for up to 1 for 20 in conjunction with an uplist to Nasdaq.
“As our FINTECH plans are generating the desired financial results, we are preparing in advance to uplist and reverse split over the next 12 months. This is in anticipation of future actions to address the Company’s capitalization. It is important to have the option to do this, so we can execute when needed,” said Joseph Cammarata, CEO
Investview’s majority shareholders have agreed to give the board the ability to do up to a 1 for 20 reverse split to be utilized in connection with an uplist to the Nasdaq over the next year. The company’s strong fundamental sales and earnings performance qualifies the company for a Nasdaq uplist and this vote allows this to happen depending on Nasdaq’s determination and Board of Directors’ Approval.
Mario Romano, Director of Finance commented, "We are honored to have potentially earned the right to join the other major Fintech companies on this prestigious exchange. On a personal note, it has been a dream of mine to one day ’Ring the Nasdaq Opening Bell’ and announcing today's action is the first step to that dream becoming a reality."
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