Oncolix Inc. (fka ONCX)

[dabullishbear]

As per the filings, it was that stated that 3 events would happen immediately after the closing of the SPA. 1. 2016 10-K would be filed on a timely basis. 2. Company would change name and ticker symbol 3. Effectuate a reverse stock split.

Well the the SPA has closed and only one of those 3 things has happened immediately after the closing and that is filing of the 2016 10-K.

I think we can put the reverse stock split to rest for now until we hear more about the reverse merger. It didn't happen immediately after closing so therefore it's not something we need to worry about until we get more filings.

With the current share structure, it's highly unlikely they will perform a reverse stocksplit of any kind. If they do, it will probably be a minor one such as a 2 to 1 or 3 to 1 split for the purposes of uplisting to the Nasadaq, which is always a good thing.

We are probably YEARS away from such a split. No need to worry about it in the short term.

JMO