Chewie: Bodie got a new note, http://www.otcmar
Post# of 9964
Bodie got a new note, http://www.otcmarkets.com/stock/MRIB/news/Set...50&b=y Margrit said she "agreed to reinstate the original convertible note dated Feb 2, 2010 for $100,000.00 in its entirety." That is one of the reasons there has to be a R/S so that Bodie can cash out with a monster profit! Bodie NEVER would have agreed to have a note restatement if it though that MRIB would sit at .0005.
So, Margrit likely agreed to a R/S split to get the PPS up.