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Re: wallstreet1231 post# 27057

Wednesday, 12/17/2014 6:50:23 PM

Wednesday, December 17, 2014 6:50:23 PM

Post# of 36237
We've been misinformed again. Yes, a company can reduce the authorized shares by the same ratio as a reverse split. Some do and some don't.

STLK has no choice as they have to have enough shares to cover the remaining conversions post split. 2.6 bil. Will not be enough to cover the Tarpon debt let alone all the convertible debt that Jose Pee Quiros has signed shareholders up for in recent months.


My opinions are just that......my opinions. Good luck to all investors/traders.

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