InvestorsHub Logo
Followers 6
Posts 488
Boards Moderated 0
Alias Born 01/17/2017

Re: None

Tuesday, 04/11/2017 10:53:11 PM

Tuesday, April 11, 2017 10:53:11 PM

Post# of 21373
Reverse split is definitely happening. The wording in the 8k is quite clear that a reverse split will be done.

I will quote the paragraph in the amended 8k that explicitly states there WILL be a reverse split.

2016 10-K; Name Change; Reverse Split . Immediately following the Closing, the
Seller shall take all actions necessary and/or required by applicable law, rule and/or regulation
including, but not limited to, those of FINRA, the OTC Markets, DTC and the SEC to (i) ensure
the 2016 10-K is filed with the SEC on a timely basis, (ii) effectuate a reverse stock split of the
issued and outstanding shares of Common Stock, on such ratio as determined by the Board of
Directors of the Company following the Closing
(the “ Reverse Split ”), and (iii) to change the
name of the Company to that so determined by the Company following the Closing.



It doesn't get any clearer than that. Anyone saying otherwise has ulterior motives here.

My posts are of my opinion and should not be taken as solid trading advice. I do not have a vision of the future. I follow trends and base my decisions on that alone.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.