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Re: Pocket9s post# 109

Wednesday, 05/17/2017 7:40:36 AM

Wednesday, May 17, 2017 7:40:36 AM

Post# of 526
It was a forward split and it was effectuated in February.

There was no reverse split, and as far as I know, one is not planned as the share structure in the Merger Agreement works out without a reverse split.

However, with that said, there is one curious mention in the 8K that does concern me a little bit.

Section 5.09 Amendment of Articles of Incorporation.

Prior to the Effective Time, Pubco shall amend its articles of incorporation and effect a forward split, name change and stock split, along with a change of Pubco’s symbol.



Forward split, name change and stock split...?? Why is 'split' mentioned twice....I assume this is just strangely worded as a reverse split doesn't make much sense at all.

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