Greenfield Farms Food Inc. (fka GRAS)

[jhnvtjll]

To me, sounds like more dilution after the R/S. I rarely see .0001 stocks go up after a R/S. 99% of stinky pinks do a R/S just to sell more shares.


"The Board of Directors believes that the proposed reverse split is necessary for the Company because it provides the Company with the flexibility it needs to consider various strategic alternatives and permit the issuance of additional shares of stock to new investors or on the conversion of existing or new convertible securities. The reverse split will also increase the trading price of the Company’s common stock making it easier for market makers to maintain bid and ask sales prices sufficient to provide a more orderly trading market."