InvestorsHub Logo
Followers 228
Posts 12530
Boards Moderated 0
Alias Born 08/14/2009

Re: cliffnotes post# 31810

Wednesday, 07/16/2014 7:45:20 PM

Wednesday, July 16, 2014 7:45:20 PM

Post# of 34093
Here it states black and white NEVER more than 10 for 1 split!!


"Until the first anniversary of the Second Tranche Closing, we may not implement a reverse stock split; provided, however, we may implement a reverse split prior to such time if the split is approved in connection with or following our acquisition of another business in exchange for our common stock that has trailing twelve (12) month revenues of at least $15,000,000. In any permitted reverse stock split, the ratio of the reverse split shall not exceed one (1) new share for every ten (10) shares of common stock outstanding.




GLTA


ID