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  4. CV Sciences, Inc. (CVSI) Message Board

I’m here. News flash today: Board of Director

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Post# of 91
(Total Views: 684)
Posted On: 08/09/2018 9:26:15 PM
Posted By: Fat Albert
I’m here.

News flash today: Board of Director’s meeting held Aug. 4, 2018. BOD says, “No” to a stock split:

“The Registrant’s stockholders did not approve an amendment to the Registrant’s Certificate of Incorporation, as amended, to effect, at the discretion of the Registrant’s Board of Directors, a reverse stock split of all outstanding shares of the Registrant’s common stock, par value $0.0001 per share, at a ratio of not less than 1-for-2 and not greater than 1-for-10, such ratio to be determined by the Registrant’s Board of Directors at any time before August 30, 2019, without further approval or authorization of our stockholders.”

https://ih.advfn.com/p.php?pid=nmona&article=78044834

IMHO, after the Q3 Earning Report, CVSI will be trading on the NASDAQ. My conservative target price is 10 dollars per share by year end…just my opinion, trade at your own risk.
Will there be price adjustments between now and then? Yes, of course, it’s the stock market!


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