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Re: None

Friday, 03/24/2017 4:43:48 PM

Friday, March 24, 2017 4:43:48 PM

Post# of 9611
The 14C was filed to: 1) document approval given to the BOD to issue a reverse stock split at their discretion and 2) the approval was given by the majority of shareholders. This discretionary approval will expire on March 31, 2017. However, the company can put forth a reverse stock split amendment, as many companies do, when they feel it is in the best interest of the company and therefore their shareholders. In effect the expiration of discretionary approval to the BOD could take place on March 31, 2017 and then the company could issue filings to put forth a reverse stock split anytime they feel it best serves the company.

My opinions as always.