InvestorsHub Logo
Followers 3
Posts 342
Boards Moderated 0
Alias Born 03/02/2011

Re: WebSlinger post# 216871

Tuesday, 03/09/2021 11:46:05 AM

Tuesday, March 09, 2021 11:46:05 AM

Post# of 278332
WebSlinger, thank you for the example. I do want to look into it more, even if just for my own curiosity. This could be an example of the 10-day requirement not being enforced by FINRA or the SEC, and I very well may be wrong. However, there were several filings prior to the actual split indicating the approval and intent of a reverse split.

https://www.sec.gov/Archives/edgar/data/844856/000157104916013254/t1600789_8k.htm

The filing above was filed on March 21st, 2016 (10 days before the r/s effective date), and it states

On March 21, 2016, Vapor Corp. (the “Company”) held a special meeting (the “Special Meeting”) of its stockholders. At the Special Meeting, the stockholders approved an amendment to the Company’s Amended and Restated Certificate of Incorporation (the “Certificate of Incorporation”) to effect a reverse stock split of the Company’s common stock at a ratio between 1-for-10,000 and 1-for-20,000, such ratio to be determined by the board of directors of the Company (the “Board”) (the “Reverse Stock Split”).



There was also a press release issued on the same day that was also filed with the the SEC at the same time.
https://www.sec.gov/Archives/edgar/data/844856/000157104916013254/t1600789_ex99-1.htm
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KBLB News