Protagenic Therapeutics Inc. (PTIX)

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To approve an amendment to the Company’s Certificate of Incorporation which would effect a reverse stock split pursuant to which each 1,000 shares of the Company’s outstanding Common Stock, par value $0.01 (“Common Stock”), will be converted into one share of Common Stock (with stockholders owning less than one share of Common Stock after giving effect to the reverse stock split receiving a cash payment of $0.29 per pre-split share) (the “Reverse Stock Split”);



Okay lets go now up up, All stock splits require an amendment to the certificate of Incorporation in the state registered in.


No registration of a split then one has to assume new shares were issued. No registration of a reverse split one has to assume shares were repurchase d and reissued if the outstanding shares have increased.