Airborne Wireless Network (ABWN)

[Sgreg]

That's a good post. However please do more research. FINRA states a company must give FINRA 10 days notice before a corporate action like a name change or stock split. Failure to do so may constitute fraud. A stock split is a corporate action listed by FINRA. 10 days notice is required.

Second, no FINRA will not approve back to back stock splits. There is a minimum 60 days waiting period after a corporate action which a split is a corporate action.

Finally starting about 3 years ago they stopped allowing more then 2 splits in a given year. They did so as a reaction to all the complaints they were receiving by upset OTC investors. The kind of companies that have been allowed multiple split after split have been Nasdaq stocks recently. Nasdaq has been allowing it. On OTC land FINRA regulates. Yes believe or not OTC is actually more struck then the Nasdaq as far as splits are concerned.