Ugg. 1/100 R/S Could be worse. Sometimes the smaller ones work out. Guess we will see.
Execute a reverse stock split of the Company’s issued and outstanding shares of Common Stock at a ratio of one post-split share per one hundred pre-split shares (1:100) (the “Reverse Stock Split”).
The Written Consent is the only shareholder approval required to effect the Reverse Stock Split under the NRS, our Articles of Incorporation, as amended, or our Bylaws. No consent or proxies are being requested from our shareholders, and our Board is not soliciting your consent or proxy in connection with the Reverse Stock Split. The Reverse Stock Split, as approved by the Written Consent, will not become effective until 20 calendar days after the accompanying Information Statement is first mailed or otherwise delivered to the Shareholders. We expect to mail the accompanying Information Statement to the Shareholders on or about November ____, 2017.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.