O/S = 122.3M from last filing with A/S = 150M. Float is close to being locked up. Once, news is released this will move north quickly. R/S cannot happen until company becomes current & then has to file a Definitive 14C with the SEC thereafter. Also, the split determined by the BOD could be as little as 2 to 1. I believe the split will be authorized only for uplisting to a higher exchange if needed if the PPS doesn't reach the requirement organically. This all depends on partnership or reverse merger. This has the potential with this share structure to have an OW*P move. Definitely worth the risk at these levels. GLTU
FINRA Operations Determination
Once an issuer or its duly authorized representative submits a Company-Related Action Notification Form, FINRA Operations will review the submission and may request additional information or documentation as may be necessary to verify the accuracy of the information. If the party that submits the form does not sufficiently respond within 90 calendar days of the date FINRA Operations requests additional information or documentation, the request will be deemed "lapsed" and will be closed.
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1. FINRA staff reasonably believes the forms and all supporting documentation, in whole or in part, may not be complete, accurate or with proper authority;
2. the issuer is not current in its reporting obligations, if applicable, to the SEC or other regulatory authority;
3. FINRA has actual knowledge that parties related to the Company-Related Action are the subject of pending, adjudicated or settled regulatory action or investigation by a regulatory body, or civil or criminal action related to fraud or securities laws violations4;
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5. there is significant uncertainty in the settlement and clearance process for the security.
