Infinite Group Inc. (IMCI)

[iwitness4jc]

If you look at the proxy stmt you will see they are planning on discussing a reverse split on Jan. 26th. Time to get out boys while you still have your shorts.

NOTICE OF ANNUAL MEETING OF STOCKHOLDERS
January 26, 2022

The Annual Meeting is being held for the following purposes, which are more fully described in the accompanying proxy statement:

1. to elect three directors;

2. to approve, on an advisory basis, the compensation of our named executive officers (“say-on-pay”) ;

3. to approve, on an advisory basis, the frequency at which advisory votes on executive compensation should be held (“say-on-frequency”);

4. to approve the Company’s 2021 Equity Incentive Plan;

5. to authorize the Board of Directors to effect, in its discretion, a reverse stock split of the outstanding and treasury shares of the Company’s common stock at a ratio ranging from 1-for-3 to 1-for-75, to be determined by the Board of Directors, and to approve a corresponding amendment to the Company’s Amended and Restated Certificate of Incorporation, as amended, to effect the reverse stock split;