CBD Denver Inc (CBDD)

[PRmaniac]

The reverse split will likely be around 1:1000.

Some might think they would just double the authorized to 8 billion shares, but this would not be beneficial.

When investors see that dilution is growing exponentially, VMGI may be right back at $0.0001, so the reverse split is probably their only recourse. This will then allow the stock price to drop 80% or more from pre-reverse split $0.0001 amid even more dilution.