Propanc Biopharma Inc (PPCB)

[Diggnun21]

Reverse Split: Not Gonna Happen (SEE EXCERPT FROM LATEST PR)

"Just prior to filing the Company's last quarterly report, the Company terminated all financing arrangements with Southridge Capital and continues to build relationships with institutional investors keen to become involved with the Company as it seeks to establish and build its cancer treatment portfolio. "Whilst it is regrettable we needed to alter our financing arrangements, I am delighted to receive interest from new investors who can assist the company. In addition, we have also seen our number of shareholders quadruple over the last quarter, so right now, my priority is to increase shareholder value by advancing our lead products to commercialization," Mr. Nathanielsz commented."

Nothing to me indicated that CEO Nathanielsz is even considering a R/S, even reading between the lines...