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Re: None

Monday, 12/11/2017 6:20:24 AM

Monday, December 11, 2017 6:20:24 AM

Post# of 3061
r/s info wrong

MisterStockChaser
$BPMX The shareholder approved deadline for RS hasn't changed. 1/31/18
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Incorrect

The deadline for the BOD SETTING THE R/S ratio or to ABANDON the r/s altogether by failing to SET A RATIO is BEFORE JAN 31 2018.

Assuming the bod SETS A RATIO of up to 1 for 25 which is the high limit of the approved ratios, THEN, the R/S can happen ANYTIME from that point FORWARD.

As reported by BPMX the SEC has INDICATED that either the SP INCREASES or a R/S OCCURS by Summer 2018.

R/S ratio could be set today and r/s could occur tomorrow under the existing rules and approvals.

At 12:01 am 01/31/18 if the bod failed to have set a r/s ratio BY jan 30 the r/s is dead.

There is no deadline on a R/S, there IS a deadline on SETTING A R/S ratio.

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