Sector 5 Inc. (fka SFIV)

[PRmaniac]

When a 3:1 forward split is worse than reverse split

1. When an OTCQB tier stock (SFIV) is delinquent and a not being delinquent is a requiremen3 to maintain compliance with OTCQB tier rules.
2. When they increase the authorized shares (huge increase), allowing massive dilution if any buyers can be found. Note they also added a class of convertible preferred shares.
3. When the fraud/felon CEO of Hop-On is listed as a consultant for SFIV, the CEO resigns from SFIV with no new CEO named, and a former Hop-On employee (Peter Mortensen) becomes not only president of SFIV, but all the other officers and director (other than CEO).
4. When we know that a company cannot get approval by FINRA for a corporate action like a forward split with delinquency and no pre or Def info statement filed.

Note: coincidence that Hop-On had heir registered agent resign and has filed no list of officers and is in default again, in their state of incorporation?