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Post# of 97922
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VeronicaFox

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VeronicaFox

Re: fnyack post# 61395

Thursday, 08/02/2018 6:21:56 PM

Thursday, August 02, 2018 6:21:56 PM

Post# of 97922
Exactly, OTC issuers that wish to do a reverse stock split must comply with Rule 6490. The company must notify FINRA of its intentions at least ten days prior to the desired effective date.

A Corporate Action form must be filled out.

Insiders are typicallly the majority shareholders.

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