Saturday, October 19, 2019 12:09:40 PM
Correct. KBLB has already done what AEMD did. AEMD's filing simply said;
"This extension is conditional upon the Company completing a reverse stock split and trading at or above Nasdaq’s minimum $1.00 bid price requirement for a period of ten consecutive trading days on or before October 29, 2019. The Company is requesting stockholder approval of the reverse stock split at its Annual Meeting of Stockholders to be held on October 14, 2019 in order to meet this requirement."
This Oct 3rd filing gave no mention of any effective date. This qualified as notification. There was no filing of AEMD's effective date 10 days prior to the Oct 15th filing. Oct 14th was the effective date and the first notification of the effective date was on Oct 15th.
So KBLB can announce a reverse split at anytime. So I am unaware of any further requirement or need to announce anything further. It can happen and NO....there is no need for us to be notified of the effective date prior to a RS. If it happens we are fully aware of it. KBLB could elect to give us specific heads up 10 days prior, but there is no legal requirement beyond what KBLB has already given.
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