MRNJ SEC Administrative Proceeding File No. 3-18567 Release Date Sept. 4, 2018 Page 6 "Early in 2018, the Company determined that it was in its best interests and the best interests of its stockholders to effect another reverse stock split. Accordingly, on February 16, 2018, the Company submitted to the Department an application requesting that the Department approve its proposed 1:57 reverse stock split (the "2018 Split")." https://www.sec.gov/litigation/apdocuments/ap-3-18567.xml