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Thursday, 07/11/2019 1:25:25 PM

Thursday, July 11, 2019 1:25:25 PM

Post# of 73612
A reverse split 10,000 shares to one share would result in 80,000 outstanding shares at a price of $13 per share. Would the SEC allow for this to occur? I would imagine that the company VDRM would need to become current. Would shareholders get to vote on this? What is the upper limit for a reverse split ratio? How about 100,000 to one RS ratio and a new stock price of $130 per share and only 8,000 outstanding shares? There must be an upper limit in the regulations about reverse split ratio.