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Re: rrao11 post# 10357

Monday, 07/30/2018 10:53:35 AM

Monday, July 30, 2018 10:53:35 AM

Post# of 11968
I think so. The reverse split was approved on June 4 at the annual general meeting. It is almost August with no RS. I believe management is trying not to do it, but simply holding onto it as an option. I believe it’s all dependent upon rather they get the extension or not. They don’t want to do the RS unless it is the only remaining option. If they were not going to try without it then they would’ve already done the reverse split so they wouldn’t even have to deal with the threat of being delisted.