Recruiter.com Group Inc (RCRT)

[hesontheloose]

IMO this will not happen...this was just verbiage left in the quarterly filing...this was well before the planned merger was announced/completed and this was also something that happened when the company was still Truli tech...The current SS is fantastic IMO (250 mil A/S, 144 mil O/S and a 13 million FLOAT) plus insiders own TONS of shares, why would they cut their shares???... $RCRT

From page 11..."On June 21, 2018, pursuant to shareholder approval, the Truli shareholders approved a reverse stock split in the range of one-for-50 to one-for-100 or any amount in between and a reduction of its authorized common stock in order to save annual fees in Delaware. The reverse stock split has not yet been implemented. The Company expects to file an application to implement the reverse split with the Financial Industry Regulatory Authority in the near future."