CBD Life Sciences Inc (CBDLD)

[RicFlair]

Seven months ago....

https://www.globenewswire.com/news-release/2018/05/01/1494533/0/en/Optium-Cyber-Systems-Announces-Restructuring-of-Common-Stock.html

Management would like to clarify for shareholders the reasoning for the restructuring:

-- Increase share price: the consolidation will increase the trading price per share to above $0.01. The sub-penny markets are getting harder and harder to trade and impossible to fund.

-- Funding: with a sub penny share price the Company was unable to fund because of dilution issues. Post rollback the share price will be above $0.01 allowing traditional funding and the possibility of a Reg A+.

-- Reduce the float: After the consolidation, the public float will be approximately 6,000,000 shares.

-- Price appreciation: with a tighter stock structure and a reduced float, the price per share will have a better chance to appreciate as the Company progresses. The potential return on investment will be greater over the long term under the new structure.

-- Larger potential audience: with a share price above $0.01, the Company will have access to investors who do not trade sub penny stocks such as institutional investors and Europeans.

-- Credibility: the Company was losing opportunities because of the stigma attached to sub penny stocks.

The reverse split will not:

-- affect shareholders’ percentage ownership interest in the Company;

-- affect shareholders’ proportionate voting power;

-- alter the rights of common stockholders.

Shareholders may at their discretion return any share certificates they are holding to the transfer agent to be changed to reflect the above corporate actions. Shareholders holding stock in a brokerage account will not have to take any action.

Management ask that shareholders be patient and allow the Company to develop its business model and is confident that over the long term, shareholders will be rewarded for their patience.