The Answer To Your Question Wasn't In The 10-K Report or Press Release!
My guess is; It either was or he found away around it!
~ From Press Release: 4/10/19
"Oriel continued: "The fact we have been able to cancel the previously planned reverse split which we had never wanted and continue with the Reg A financing submission is another significant step in the upward trend of the Company. 2019 looks to be our best year yet."
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