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Re: 66Mustang post# 115666

Tuesday, 09/15/2020 10:31:06 AM

Tuesday, September 15, 2020 10:31:06 AM

Post# of 140478
So the only reason they would do another R/S is to stay on NASDAQ? I'm assuming the "only if it becomes necessary" comment is what management said in the response to you? I wonder if that comment means they are going to try to do other things to keep in compliance with NASDAQ listing and if they don't work the R/S is available? Is that what you got out of the email?

I wrote. I received a courteous reply indicating why they believe they need to have the ability to do a reverse split (only if it becomes necessary) and why they fully support Mr. Vance's nomination.


I would still prefer to see/hear a plan as to how they can maintain NASDAQ compliance without a reverse split.