Cool Technologies Inc (WARM)

[growtheport]

However, since FINRA has not yet declared the reverse stock split effective, the Company will need to increase the number of authorized shares of common stock by amending its Articles of Incorporation.

This is from the most recent Proxy statement. So, it seems like the reverse split will probably still happen, however it requires some FINRA approval. After digging a bit, I see the FINRA has specific approval powers over corporate actions in the OTC markets.

Not sure what the holdup is here (why the approval is taking so long) with WARM.