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Re: None

Wednesday, 09/26/2018 12:06:07 PM

Wednesday, September 26, 2018 12:06:07 PM

Post# of 17732
When the 20:1 reverse split was proposed the SP was much higher than it is now. Most likely they were looking at a RS in order to uplist to a big board. Since that time PBYA has uplisted to OTCQB. Also, in the filling it says management can do a RS at their discretion. Not that it was "definitely" going to happen. At the current SP a 20:1 RS would do nothing to benefit the company in anyway. It would reduce the OS but only increase the SP to roughly .50 cents which still wouldn't meet any of the big board requirements. So rest assured there will be no RS.