Helios and Matheson Analytics Inc (HMNY)

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In.September.2016, stockholders.of.the.Company.approved.a.one-time.reverse split of the common stock at a ratio and at a time to be determined by the Board. However, the Company never effected a reverse split of the common stock. While the Board believes that the prior stockholder approval of the one-time reverse split gives the Board the current authority to effect a reverse split at this time, it is seeking stockholder approval to effect a reverse split following the Special Meeting.