Emergent Health Corp (EMGE)

[powerbattles]

STOP BEING IGNORANT AND PRETENDING NOTHING HAS CHANGED.

If the reverse split is legitimate, it should be addressed within SECTION 1.01 to SECTION 8.15, not buried at the bottom of the page. Your continued rehash of postings same craps only serves to highlight your stupid lack of understanding. Unfortunately, you cannot comprehend the layout of legal documents.

Within the share exchange agreement, it's crucial to pay attention to each Section. If any section is skipped, the entire agreement becomes void. From Section 1.01 to the end of section 8.15 on page 25 is signed by all parties, marking the end of the Definitive Agreement. Comprehend?

Now, take note of page 26, where you claim the reverse split occurred. Pay attention to the word (Schedule) why do they state schedule and not Section? Because that is not part of the Definitive Agreement. It is like purchasing the car and by law, they must disclose the accident damage to the car. If the R/S is still pending, then they must report in the SECTION part.

I'll keep posting knowledge in the face of ignorance.

Let's clarify again: the previous reverse split was for the old pending reverse merger between EMGE and Apollo, which fell through. In September 2023, the name was changed from Emergent to Apollo, then reverted to Emergent, indicating Apollo backed out. This is a factual matter. Note the filing date, the same as the filing to cancel the reverse split. If the board approves the reverse split, it would have been done in Sept 2023. Decisions on R/S approval are made by the board of directors, not FINRA.
FINRA does not approve reverse splits, but it does process reverse stock splits as part of its functions related to company corporate actions in the OTC market.

Furthermore, it's been nearly 8 months since then. Let's not deceive ourselves; no company waits that long to carry out a reverse split.
https://www.finra.org/investors/investing/investment-products/stocks/stock-splits

It makes no sense for a common share exchange with KOAN when it's trading around 3 cents. With EMGE at .003 and a reverse split, it would reach $15.00 per share, which doesn't align. Furthermore, it's unbelievable to consider a 1/5000 split with these outstanding shares. If such a split occurred, the entire float would be only 58,540 shares. It's UNBELIEVABLE that some idiot still fails to comprehend this.

Don't even think of swaying fake lies claiming the shares are convertible into around a billion shares of common stock. Morrison holds a significant percentage of preferred shares. After the exchange, all EMGE preferred shares are converted back into KOAN preferred stock and locked up for a year, as mandated by the SEC. If anyone takes your claims seriously, they do so at their own risk.