It will drop.....sure as shit
From the filing
Purpose of Decrease in Authorized Common Stock
The Board of Directors believes that, due to the decrease in the number of outstanding shares of common stock that will result from the reverse stock split as described above, the Company no longer has a need for an unlimited number of authorized shares of common stock and that 40,000,000 authorized shares of common stock is sufficient for the Company at this time. In the event we need to increase our authorized shares of common stock in the future, the Company's Articles of Incorporation, as amended, may be amended to increase the number of authorized shares of common stock.
Basically telling investors, bend over and smile. They will start to dilute immediately IMO. They may try to work the price up a little first with fluffy PR's and stock promoters...
All these OTC POS are the same.....I have never seen an R/S work out for OTC investors......
