It is not about the wording of the PR. It is the content in it. Particularly the words "reverse split" The MMs will end up creating a "Naked short" situation by "failing to deliver" the borrowed shares by not covering their positions because they short it to 0.0001, and the company does not know what to do next because they end up with billions of mysterious shares (Company's have complained to the SEC but there is no hard-and-fast rule to bring the companys back to trading after they have been shorted like this. Please please please POFG call off the split. This is pinkieland. Listen to the street-smart who are advising you because of experience. The MMs and traders are salivating at this stock because they have found an easy one here to short to nonexistence. R/S do not work with pennystocks . Just look at PCLO which was at 0.25 a few months ago and was shorted to 0.0001 because of the same thing you are trying to do. Its done. Do not feed alligators with the beef on your hand because they will eat you up too. Reconsider the split IMO. Complaints from investors who lose money from R/S usually get the SEC attention, who in turn end up scrutinizing the company in more details. Stop the madness. Stop the split. if you want to reduce the shares to 20mil, then
1. Buy them back at the usual 50% discount, or
2. Convert then to restricted preferred share, or
3. Give Amstar their shares at a 5:1 ratio instead