![](https://investorshub.advfn.com/uicon/40641.png?cb=1534101402)
Sunday, March 26, 2023 1:37:27 PM
AUTHORIZATION OF REVERSE STOCK SPLIT
On December 1, 2022 the Board recommended and the Consenting Stockholders approved, believing it to be in the best interests of the Company and its stockholders, the authorization of the Board, in its sole and absolute discretion, and without further action of the stockholders, to file an amendment to our Articles of Incorporation, to effect the Reverse Stock Split of the Company’s issued and outstanding Common Stock, at a ratio of one for 1,000, with the Reverse Stock Split to be effected at such time and date, if at all, as determined by the Board in its sole discretion. Fractional shares will be rounded up to the next whole share.
Reason for and Effect of the Reverse Stock Split
The primary purpose for effecting the Reverse Stock Split is to increase the per-share trading price of our Common Stock so we can:
![Bearish](/static/images/ih2-bear.png)
Recent BOMO News
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 05/08/2024 12:50:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/06/2024 08:11:11 PM
FEATURED ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM