Rennova Health Inc (RNVA)

[George1234]

As a result of the required stockholder approval for the Proposal, 20 days after the date of mailing of this Information Statement to our stockholders, the Board of Directors will have the sole authority to elect, without the need for any further action by our stockholders, whether or not to effect a reverse stock split and, if so, to determine the number of whole shares within the range of the ratios set forth above to be combined into one share of Common Stock. Notwithstanding approval of the Proposal by the stockholders, the Board of Directors may, in its sole discretion, abandon the proposed amendment and determine, prior to the effectiveness of any filing with the Secretary of State of the State of Delaware, not to effect the reverse split. If the Board of Directors does not implement a reverse split on or prior to September 30, 2019, stockholder approval again would be required prior to implementing any reverse stock split


https://ih.advfn.com/stock-market/USOTC/rennova-health-inc-RNVA/stock-news/79063897/information-statement-all-other-definitive-def-1