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Re: Foxbat426 post# 3503

Tuesday, 05/29/2018 11:16:50 AM

Tuesday, May 29, 2018 11:16:50 AM

Post# of 3975
What I don’t get, it’s in this filing from January of this year and it states that it has not happened yet and is subject to FINRA approval: https://backend.otcmarkets.com/otcapi/company/sec-filings/12477764/content/html


Further, as a condition of the execution of Original Agreement, Company agreed to immediately, as of August 26, 2016, initiate a reverse split of 1:1000 of Company’s Common Stock (the “Reverse Split”), pursuant to the prior approval received by Company from the holders of majority of Company’s outstanding capital stock, as described in the Schedule 14C filed with the SEC on September 23, 2015. The effective date of the reverse split is subject to final approval of FINRA. Subject to the completion of the Reverse Split, the certain controlling shareholders of the Company agreed to exchange and cancel a total of 1,000,000 shares of Series B Preferred Stock (500,000 each by Dr. Ricketts and Mr. Antol) for a total of 25,000,000 shares of Common Stock of the Company to be issued post the date the Reverse Split is effective.



So confused lol

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