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Thursday, October 26, 2023 11:32:38 AM
The Written Consent approved the following action:
Effecting a one-for-two thousand (1:2,000) reverse stock split of the Company’s issued and outstanding shares of common stock, without reducing the number of authorized shares of common stock (the “Reverse Stock Split”).
The Written Consent is the only shareholder approval required to affect the Reverse Stock Split under the NRS, our Articles of Incorporation, as amended, or our Bylaws. No consent or proxies are being requested from our shareholders, and our Board is not soliciting your consent or proxy in connection with the Reverse Stock Split. The Reverse Stock Split will not become effective until at least 20 calendar days after the accompanying Information Statement is first mailed or otherwise delivered to the Shareholders. We expect to mail the accompanying Information Statement to the Shareholders on or about June 2, 2020.
He has no choice,he can't run the AS up to 20-30 billion or this SHAM is really dead in the water volume wise. But hey....this CON JOB might go BK before any RS happens.
Matt doesn't have the balls for an R/S.
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