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Re: Backstabbed post# 24601

Tuesday, 11/21/2023 10:29:16 PM

Tuesday, November 21, 2023 10:29:16 PM

Post# of 24675
RS was approved by BOD.. .but it looks like the Company may or may not implement it. Company has 180 days to decide date & ratio of RS

**Read the filings**

https://www.otcmarkets.com/filing/html?id=17050882&guid=dzJ-kHkNOzO_B3h

Rationale for the Reverse Split

The Board of Directors believes that a Reverse Split should, at least initially, increase the price of our shares of Common Stock to approximately $1.00 per share, in the event that our Board of Directors elected to implement the maximum reverse based on a one-for- ten thousand (1:10,000) ratio, which ratio is subject to the discretion of our Board of Directors. Our stockholders should understand that as of the date of this Information Statement, our

**Board has not determined the exact ratio of the Reverse Split nor the date that the Reverse Split will be implemented.**

Nevertheless, the Joint Written Consent provides that

**the Reverse Split, if implemented, must be initiated within 180 days of the filing of the Definitive Information Statement,**
as amended, subject to approval of the Reverse Split by FINRA.
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