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Re: RAND post# 9757

Thursday, 10/01/2020 5:49:57 PM

Thursday, October 01, 2020 5:49:57 PM

Post# of 19526
EVERYBODY CALM THE HELL DOWN.

READ.

"Board Discretion to Implement or Abandon Reverse Stock Split



The Reverse Stock Split will be effected, if at all, only upon a determination by the Board that the Reverse Stock Split (with an exchange ratio determined by Board as described above) is in the best interest of our Company and its stockholders. Such determination shall be based upon certain factors, including, but not limited to, existing and expected marketability and liquidity of our Common Stock, the number of remaining authorized shares of Common Stock, and the expense of effecting the Reverse Stock Split. Notwithstanding approval of the Reverse Stock Split by our shareholders, the Board may, in its sole discretion, abandon the proposal and determine, prior to the effectiveness of any filing with the Secretary of State of the State of Delaware, not to effect the Reverse Stock Split. If the Board fails to implement the Reverse Stock Split on or prior to September 30, 2021, stockholder approval again would be required prior to implementing any Reverse Stock Split."

IT IS IN PLACE TO PREVENT A HOSTILE TAKEOVER

CARRY THE HECK ON
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