ABCO Energy Inc. (ABCE)

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Reason for the Reverse Stock Split



The Board of Directors of the Company has determined that it is in the best interests of the Company to reverse split the common stock of the Company on a one (1) for one hundred and seventy (170) basis because the Company’s stock is currently closed at $0.0005 affording little or no liquidity for the shareholders. It is the belief of the Board that the reverse split will cause the bid and asked prices to increase, creating the possibility for the stock to trade at more reasonable prices and a more reasonable spread between the bid and asked prices.

AND leave behind new ABCE bagholders..

SCAM BAM another one goes down!