$GBSN Proposal 1 - Approval for a reverse stock s
Post# of 23065
Posted On: 03/24/2016 12:08:24 PM
$GBSN
Proposal 1 - Approval for a reverse stock split of the Company's common stock, par value $0.0001 , at a ratio of between 1 for 20 and 1 for 35. Final determination for the undertaking of the reverse stock split, including the record date and the ratio, will be determined by the board of directors in the near future. If the board of directors determines to proceed, on the date selected by the board of directors, the shares of common stock will begin trading based on the reverse split ratio selected by the board. The reverse stock split proposal was approved by a vote in favor of the proposal by 53.7% of the Company's issued and outstanding shares of common stock, and, of the shares represented at the meeting and voted on the proposal, approximately 74.5% voted in favor of the proposal;
Proposal 1 - Approval for a reverse stock split of the Company's common stock, par value $0.0001 , at a ratio of between 1 for 20 and 1 for 35. Final determination for the undertaking of the reverse stock split, including the record date and the ratio, will be determined by the board of directors in the near future. If the board of directors determines to proceed, on the date selected by the board of directors, the shares of common stock will begin trading based on the reverse split ratio selected by the board. The reverse stock split proposal was approved by a vote in favor of the proposal by 53.7% of the Company's issued and outstanding shares of common stock, and, of the shares represented at the meeting and voted on the proposal, approximately 74.5% voted in favor of the proposal;
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