Information regarding 14C submission timeline:
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Posted On: 01/05/2017 4:21:17 PM
Information regarding 14C submission timeline:
Cornell Law: https://www.law.cornell.edu/cfr/text/17/240.14c-2
(1) In connection with every annual or other meeting of the holders of the class of securities registered pursuant to section 12 of the Act or of a class of securities issued by an investment company registered under the Investment Company Act of 1940 that has made a public offering of securities, including the taking of corporate action by the written authorization or consent of security holders, the registrant shall transmit to every security holder of the class that is entitled to vote or give an authorization or consent in regard to any matter to be acted upon and from whom proxy authorization or consent is not solicited on behalf of the registrant pursuant to section 14(a) of the Act:
(b) The information statement shall be sent or given at least 20 calendar days prior to the meeting date or, in the case of corporate action taken pursuant to the consents or authorizations of security holders, at least 20 calendar days prior to the earliest date on which the corporate action may be taken.
Investopedia says 10 days:
However: From a OTC company that recently did an RS via FINRA OTC Daily List that is not exempt from filing (form 15 and D filers):
01/05/2017
Reverse Split /CUSIP Change
01/06/2017
STVI
Snap Interactive, Inc.
Other OTC
STVI 14c: https://www.sec.gov/Archives/edgar/data/13558...active.htm
No action is required by you. Pursuant to Rule 14(c)-2 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), the Reverse Stock Split and Authorized Share Reduction will not be effected until a date at least twenty (20) days after the date that this Information Statement is filed with the Securities and Exchange Commission and mailed to our stockholders of record on the Record Date . This Information Statement is first being mailed or provided to you on or about November 30, 2016.
Here is another example:
11/30/2016
Reverse Split /CUSIP Change
12/01/2016 00:00:00
CDII
CD International Enterprises, Inc. Common Stock
Other OTC
CDII 14C: https://www.sec.gov/Archives/edgar/data/10887...def14c.htm
Effective Date of the Amendment
The Certificate of Amendment of the Company will become effective upon the filing of the certificate of amendment to the Company's Certificate of Incorporation with Secretary of State of the State of Florida or at the Effective Time and Date as specified is said filing. Pursuant to Rule 14c-2 under the Exchange Act, the foregoing Action may not become effective until a date that is at least 20 days after the date on which this Information Statement has been mailed to the stockholders of the Company.
from SPCL 8k: dec 1:
The Reverse Stock Splits are anticipated to occur on or about January 31, 2017; provided that such Reverse Stock Splits shall only become effective on a date which shall be the last to occur of (a) the latest date that a corporate action in respect of the reverse stock splits can be taken following the mailing of a Form 14C Information Statement to the stockholders of Solaris, or (b) approval of such reverse stock splits by the Financial Industry Regulatory Authority (“FINRA”).
So 14C by 11th?
$D$
Cornell Law: https://www.law.cornell.edu/cfr/text/17/240.14c-2
(1) In connection with every annual or other meeting of the holders of the class of securities registered pursuant to section 12 of the Act or of a class of securities issued by an investment company registered under the Investment Company Act of 1940 that has made a public offering of securities, including the taking of corporate action by the written authorization or consent of security holders, the registrant shall transmit to every security holder of the class that is entitled to vote or give an authorization or consent in regard to any matter to be acted upon and from whom proxy authorization or consent is not solicited on behalf of the registrant pursuant to section 14(a) of the Act:
(b) The information statement shall be sent or given at least 20 calendar days prior to the meeting date or, in the case of corporate action taken pursuant to the consents or authorizations of security holders, at least 20 calendar days prior to the earliest date on which the corporate action may be taken.
Investopedia says 10 days:
However: From a OTC company that recently did an RS via FINRA OTC Daily List that is not exempt from filing (form 15 and D filers):
01/05/2017
Reverse Split /CUSIP Change
01/06/2017
STVI
Snap Interactive, Inc.
Other OTC
STVI 14c: https://www.sec.gov/Archives/edgar/data/13558...active.htm
No action is required by you. Pursuant to Rule 14(c)-2 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), the Reverse Stock Split and Authorized Share Reduction will not be effected until a date at least twenty (20) days after the date that this Information Statement is filed with the Securities and Exchange Commission and mailed to our stockholders of record on the Record Date . This Information Statement is first being mailed or provided to you on or about November 30, 2016.
Here is another example:
11/30/2016
Reverse Split /CUSIP Change
12/01/2016 00:00:00
CDII
CD International Enterprises, Inc. Common Stock
Other OTC
CDII 14C: https://www.sec.gov/Archives/edgar/data/10887...def14c.htm
Effective Date of the Amendment
The Certificate of Amendment of the Company will become effective upon the filing of the certificate of amendment to the Company's Certificate of Incorporation with Secretary of State of the State of Florida or at the Effective Time and Date as specified is said filing. Pursuant to Rule 14c-2 under the Exchange Act, the foregoing Action may not become effective until a date that is at least 20 days after the date on which this Information Statement has been mailed to the stockholders of the Company.
from SPCL 8k: dec 1:
The Reverse Stock Splits are anticipated to occur on or about January 31, 2017; provided that such Reverse Stock Splits shall only become effective on a date which shall be the last to occur of (a) the latest date that a corporate action in respect of the reverse stock splits can be taken following the mailing of a Form 14C Information Statement to the stockholders of Solaris, or (b) approval of such reverse stock splits by the Financial Industry Regulatory Authority (“FINRA”).
So 14C by 11th?
$D$
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