Thursday, February 09, 2017 12:38:02 PM
Lazy Recliner Timmy simply hasn't gotten around to having FINRA process the RS and issue a new CUSIP so the TA can replace the pre-split shares.
As disclosed in the last Q, the results were shown on the post-RS basis of a 1 for 30 reverse split.
Or was Recliner Timmy lying in the last Q and also in the 13-G just filed based on information the company would have provided as to the OS?
From the last 10-Q:
"Common Stock Split
On September 13, 2016 we declared a reverse split of our common stock. The formula provided that every thirty (30) issued and outstanding shares of common stock of the Corporation be automatically split into one (1) share of common stock. Except as otherwise noted, all share, option and warrant numbers have been restated to give retroactive effect to this split. All per share disclosures retroactively reflect post-split shares."
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11647095
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