Monday, March 23, 2015 8:58:19 AM
The Board of Directors believes that the Reverse Split will provide the Company with greater flexibility with respect to the Company’s capital structure for such purposes as additional equity financing and stock based acquisitions and provide a more manageable amount of common shares issued and outstanding allowing the Company’s management to more efficiently manage shareholders’ interests.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10265242
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