HAON decided against RS. Read the paragraph. Reve
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Posted On: 11/09/2017 12:16:44 AM
HAON decided against RS. Read the paragraph.
Reverse Split
Management, as well as the Board of Directors, has evaluated the possibility of a reverse split to increase the share price of the stock but has elected to defer on any such action for the foreseeable future. The Board of Directors believes that the current business plan is very exciting and the Company has tremendous potential to execute on its many business points to potentially increase the value of its stock price. Currently, with a relatively low market capitalization of $857,791, as of the close of markets on July 7, 2017, Management believes that there is a potential upside from implementing the Company's current business plan which may result in increased market capitalization. To up list to the OTC QB, the Company must maintain a stock price of $0.01 or higher for 20 consecutive trading days.
https://www.otcmarkets.com/stock/HAON/news/Ha...29&b=y
Reverse Split
Management, as well as the Board of Directors, has evaluated the possibility of a reverse split to increase the share price of the stock but has elected to defer on any such action for the foreseeable future. The Board of Directors believes that the current business plan is very exciting and the Company has tremendous potential to execute on its many business points to potentially increase the value of its stock price. Currently, with a relatively low market capitalization of $857,791, as of the close of markets on July 7, 2017, Management believes that there is a potential upside from implementing the Company's current business plan which may result in increased market capitalization. To up list to the OTC QB, the Company must maintain a stock price of $0.01 or higher for 20 consecutive trading days.
https://www.otcmarkets.com/stock/HAON/news/Ha...29&b=y
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