Gifa Inc (GIFX)

[WiseYoda]

Yes, the biggest roadblock to any company attempting corporate changes, especially to its share structure, is if there is any kind of remaining toxic financing/outstanding notes. Many penny stocks have toxic financing and have attempted to wipe out all the notes by changing everything with reverse splits, name change, new ticker etc., but FINRA eventually caught on to this a few years ago. This is one of the first questions FINRA will ask a company when reviewing corporate actions.