EXOL - Planning a 1 for 50 r/s. From their news today:
"As part of the terms of an August 17, 2017 acquisition agreement, the Board and a majority of EXOlifestyle, Inc. shareholders approved a reverse stock split on a 1 share per 50 basis and agreed to issue 1,000,000 shares of Series B Preferred stock, 200,000 shares of Series C Preferred stock and 284,215,420 shares of common stock to the respective shareholders of Sun Pacific Power Corp. Upon consent of the shareholders, the reverse stock split is subject to approval by FINRA . If the reverse stock split is approved, every 50 shares of EXOlifestyle, Inc. common stock will be combined into one issued and outstanding share without any change in the par value of such shares, with fractional shares rounded up to the nearest share."
My posts are my opinion. Do not be influenced by anything you read on any message board website unless you can confirm it.