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Re: sharky post# 15290

Monday, 06/08/2015 1:01:05 PM

Monday, June 08, 2015 1:01:05 PM

Post# of 109742
TPAC 2 times CEO has Confirmed NO R/S

CEO Tweet Confirms NO R/S

@MightyTrades I can answer that now. We have no plans for a reverse split. If it takes us to the Big Board we would consider it but not now




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on TPAC website CEO Confirms a Firm NO R/S


Several people have asked me directly if we are planning a reverse split. The answer is a firm No. We have been approached by many people who have encouraged us to do so and we have soundly rejected all discussions almost immediately. I learned a long time ago to never say never, but there are only a few circumstances in which we would entertain the thought of a reverse split. When the company is achieving revenue and when the company can, on a consistent basis release positive news and when we can show growth and value for our shareholders, we may consider a reverse split. But even then, we would only do so in order to provide us with a clear and immediate path to NASDAQ, AMEX or the NYSE. A reverse split at this juncture would only boost the stock momentarily and then the stock would free fall.

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