Bayside Corporation (BYSD)

[FundrFuture]

How can this 1 for 15,000 be legal? This was from the recent quarterly report..

11/14/18 Quarterly Report:
Note:
Common Stock: On June 19, 2018, the shareholders approved a reverse split of the shares of common stock issued and outstanding at a ratio to be determined by the Board of Directors which shall not exceed 20:1 and which is to be completed on a future date as determined by the Board of the Directors, which date shall be no later than December 31, 2019. The reverse split has not been implemented as of September 30, 2018.