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Re: IBB-99 post# 3000

Friday, 10/04/2019 5:12:11 PM

Friday, October 04, 2019 5:12:11 PM

Post# of 3393
HERE IT IS...

As a result of the reverse stock split, it is expected that the number of outstanding shares of common stock will be reduced from 38,992,237 shares to 3,249,353 shares. Following the reverse stock split, the CUSIP for the Company’s common stock will be 53224K 302. No fractional shares will be issued in connection with the reverse share split. Each stockholder that would otherwise be entitled to receive a fractional share will instead be entitled to receive, in lieu of such fractional share, one whole share of common stock. It is expected that the reverse stock split will bring the Company in compliance with Nasdaq continued listing requirements.
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