Carcetti Cap. Corp. (TPNEF)

[JonnyRBuck12]

The Cub Energy proxy states one resolution of a rollback being considered if appropriate. I myself and several associates of mine have verified that this will not happen unless a major asset is acquired. If you look on SEDAR, several prior proxy forms show a rollback and this is just carrying forward.

From the 2019 proxy: to amend the Articles of the Corporation to consolidate the issued and outstanding common shares in a range of one common share for up to every 10 of the issued and outstanding common shares that the board of directors, in its sole discretion, determines to be appropriate;