CV Sciences Inc (CVSI)

[fly2bobsd]

Reverse stock split looks to be in the future and thus an increased value.

New investor and new here, but have been doing some reading and researching.

Apparently a preliminary Proxy Statement has been filed by the company for the
NOTICE OF ANNUAL MEETING OF STOCKHOLDERS to be held in San Diego, CA, on August 4, 2018.

One of the agendas will be for the stockholders to vote on whether or not to enact a reverse stock split of the companies outstanding shares of stock, which would combine outstanding (not bought) shares of stock to reduce the outstanding shares of stock out there. This is the direction the board wants to go to reduce the amount of available shares to increase each shares value. The board wants to be able to get onto the NASDAQ stock exchange, but a requirement to do so is to have at least a $4.00/share trading value.

Once approved by the stockholders, they would have up to August 30th to enact it.

https://ih.advfn.com/p.php?pid=nmona&article=77629204

details page 30

Bob