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Re: pennyrocks post# 16843

Monday, 11/26/2018 2:24:34 PM

Monday, November 26, 2018 2:24:34 PM

Post# of 73491
According to bold snippet from link below...any company r/s generally has to be filed with Finra 10 days prior to r/s

https://www.securitieslawyer101.com/2015/reverse-stock-split/

How do companies notify their shareholders of a reverse stock split?
Companies may issue press releases notifying the public of a reverse stock split. If a company is required to file reports with the SEC, it may notify its shareholders of a reverse stock split on Forms 8-K, 10-Q and 10-K. A non-reporting company is required to notify the public through its current report filings on the OTCMarkets website.
In addition, all OTC issuers, reporting and non-reporting, that wish to do a reverse (or forward) stock split must comply with FINRA’s Rule 6490. Generally, a company must notify FINRA of its intentions at least ten (10) days prior to the desired effective date. A Corporate Action form must be filled out, and a processing fee will be charged. Normally, the issuer’s transfer agent takes care of the paperwork. Click here for a fuller explanation

I haven’t found any recent finra filings from company, but don’t rely on my finra search, check it yourself

All is well here imho and BIG bounce to 52 week high and beyond is coming imho

IMHO=IN MY HONEST OPINION

MCGI FOR EPIC WIN!

My posts are only my posts, so don’t ever rely on them as any investment or trading advice...never! Do your own Due Diligence/research before buying or selling any stock! I did my DD!

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