Rebus Holdings Inc (RBSH)

[WhaleEye]

you left out a very important line. On October 6, 2020, our stockholders approved an increase in our authorized shares of Common Stock from one hundred fifty million (150,000,000) to one billion (1,000,000,000) shares, as well as authorizing a reverse stock split of our Common Stock at the discretion of the Board of not less than 1-for-2 and not greater than 1-for-200 at any time prior to October 5, 2021.


Why increase shares then turn around and mention of authorizing a reverse split at the board discretion? Does not make since.