Forwardly Inc (FORW)

[PeanutButterJellyTime]

REVERSE SPLIT confirmed

"Guard Dog’s Board of Directors has decided to proceed with a “gentle” reverse split, where shareholders would receive one new share for eight old ones, thereby avoiding a wipe out of the current retail shareholders’ holdings. "


AND Authorized shares going back up!!!!

"Concurrent to the reverse split, Guard Dog will file a corporate action with the Nevada Secretary of State to further lower the authorized number of shares to 1.4 billion."


Not only will there be a 1/8 reverse split which will reduce shareholder value as almost all reverse splits do, but the authorized shares, which are now around 2.43 billion, would in theory be cut down to 304 Million, and then go back up to 1.4B POST reverse split!!

So after this reverse split, which Georgy assured us all would never happen while he's at the helm, the authorized share count will go back up by over 1 BILLION!!!!!


Great job Georgy!