Reverse Splits

[Magnum7419]

$SGBY voting on Reverse Split Good or bad advise please

"As such, the Signal Bay Board of Directors has approved a shareholder vote to perform a reverse stock split of the company’s common stock. As discussed back in March, the holders of both the Series B and Series C preferred stock removed all anti-reserve provisions, so they will reverse along with the common stock on a pro-rata basis. Our goal is that when this is complete, we will only have one series of common stock. This coupled with our new acquisition financing will have a positive impact on all shareholders. We feel that this is imperative to protect the value created thus far through our achievements and prepare the company to be positioned for growth and future up-listings.”

https://globenewswire.com/news-release/2017/07/20/1054736/0/en/Signal-Bay-Inc-Parent-Company-of-EVIO-Labs-provides-Corporate-Update.html

https://seekingalpha.com/filing/3457184