InvestorsHub Logo
Followers 129
Posts 22466
Boards Moderated 0
Alias Born 10/03/2016

Re: Investorhawk post# 1666

Tuesday, 10/09/2018 6:16:03 AM

Tuesday, October 09, 2018 6:16:03 AM

Post# of 7057
Hawk, you EMAILED him about O/S or A/S?

Because about the O/S you don't need to write him for explanation on that, it's to increase PPS to stay listed on OTCQB?

Problem is A/S?

Why A/S left-at 840 Million instead-of 42 Million after REVERSE SPLIT?

No A/S DECREASE in PRE-14C even if Throgmartin PROMISED that the REVERSE SPLIT is ONLY to maintain OTCQB listing? There will be ZERO NEED to have the number of AUTHORIZED shares kept at 840 million, right?

Why A/S won't be DECREASED 20:1 also, and reduced to 42 million instead of 840? (840 / 20 = 42?)

'...objective of the Reverse Split is to raise the per share trading price of our Common Stock. The Company received notice from the OTC Markets that unless the bid price of our publicly traded common shares does not trade over $0.01 per share for ten (10) consecutive trading days, our shares would be delisted from the Bulletin Board on November 11, 2018 (the “OTC Listing Threshold”)...'
https://www.otcmarkets.com/filing/html?id=12996113&guid=OKfZUemXQTbURth

What are your thoughts about this?