VeriTeQ Corp. (fka VTEQ)

[BCNstocks]

$VTEQ clarification. The 8K does NOT state there will be an rs!:

If the market price of the Company’s Common Stock shall at any time fall below the price required to continue to be quoted on the Company’s then principal exchange or automated quotation system, the Company shall as soon as practicable take all actions necessary to effect a reverse split of the Company’s Common Stock, such that the price would then be at least fifty percent (50%) above the required price, post-split. If the Company fails to achieve the required reverse split within thirty (30) days following the date on which the price fell below the required minimum trading price, it will be considered an Event of default under Section 3.4 of the Note.

Remember also that the CEO just this month put in $45k of his own funds into the company. So try to keep it strictly to the facts!
http://www.veriteqcorp.com/

Hey cheeky just trying to figure out what is going on with VTEQ the 14a says increase to 10 billion and the board can do a 1 for 1000 reverse split at any time they feel like it in 2015
So as I'm reading it they can dilute the crap out of it at any time and do a reverse split at any time and anyone that's bought .0001's-.0002's can dump them for 50%-100% gain or better while creating some interest here then walk away and leave crickets cherping here on the board and those that bought the sellers shares and dilution to sell for .0002-.0001 Is that about right? Seems to be a lot of this going on these days. Not saying it can't go higher just that no one is trying to do anything more then get out with the next guys money this season. What reason does VTEQ have to increase in PPS more then 50-100% other then the board posts saying as much, "Going higher" Great