Monday, September 11, 2023 10:07:18 AM
On August 22, 2023, pursuant to stockholder consent, our Board of Directors authorized an amendment (the "Amendment") to our Certificate of Incorporation, as amended, to affect a reverse stock split of the issued and outstanding shares of our common stock, par value $0.0001, on a 1 for 1,000 basis (the "Reverse Stock Split") with an effective date of September 8, 2023. We filed the Amendment with the Delaware Secretary of State on August 22, 2023.
The Company submitted initial documents to the Financial Industry Regulatory Authority ("FINRA") regarding this reverse stock split. As of September 8, 2023, FINRA is still reviewing the Company's submission. The Company will announce the completion of FINRA's review and the effectiveness of the reverse stock split by filing a Current Report on Form 8-K.
https://www.otcmarkets.com/filing/html?id=16922548&guid=MOg-kqt7kD7fJth
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