(Total Views: 100)
Posted On: 04/21/2022 11:07:50 AM
Post# of 13654
The below was tweeted yesterday. Does this imply the authorized shares will remain at 1b post reverse when and if there is a reverse? Or will the authorized shares decrease in relation to the reverse should there be a reverse? For example, assuming a 1,000:1 reverse, would the authorized shares decrease to 1m shares or would they stay at 1b shares?
Has anyone received an answer on this subject? The key question isn't if they are increasing the authorized but rather are they decreasing the authorized on a par basis with a reverse should the Board elect to proceed forward with one.
Sun Pacific Holding Corp
@SunPacificPower
·
16h
For those who have asked we are not increasing the A/S as per our 14C recently issued $SNPW
My opinions
Has anyone received an answer on this subject? The key question isn't if they are increasing the authorized but rather are they decreasing the authorized on a par basis with a reverse should the Board elect to proceed forward with one.
Sun Pacific Holding Corp
@SunPacificPower
·
16h
For those who have asked we are not increasing the A/S as per our 14C recently issued $SNPW
My opinions
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