Tuesday, January 09, 2018 5:57:43 PM
They would need to reduce the current shares too or below 3.4 billion or less.
I would expect the reverse split to be anywhere between 10 to 25/1.
This could be more if the company intends to reduce the A/S at the same time. Reducing the A/S would help increase this company"s share price quickly to the price required to regain the listing back the OTCBQ market.
I see this as a viable avenue to stabilize the price above the .01 price level and still be a great price move up on the merger, to increase the total number of shareholders in the company.
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