Renewable Energy and Power Inc (RBNW)

[onlyme]

My understanding is they have until December to pull the trigger, unless they (the majority shareholders) decide not, and then they notify the appropriate agencies of the decision not to reverse split. Not sure how SEC views this kind of action. I know a couple of years ago SEC came out trying to decertify stocks that did not have a share price of at least .01 (I think it was 01, maybe it was 0.1), but I do not know if anything really came out of that because there are a lot of pinks below the 01 threshold.