Metatron Inc (MRNJ)

[yadotn]

MRNJ>>FINRA>>Reverse Stock Splits>>1:100,000

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. OTC companies must submit notice to FINRA 10 days prior to the record/effective date of the corporate action. Once a corporate action submission is successfully processed (which may take longer than 10 days), it will be posted to the OTC Daily List, where investors can learn about reverse stock splits and other company corporate actions, such as a merger or acquisition, payment of dividends or a company dissolution or liquidation.
https://www.finra.org/investors/investing/investment-products/stocks/stock-splits
---

MRNJ
OTCMarkets
PUBLISH DATE
06/23/2015
Supplemental Information - Corporate Action
"Metatron Announces Reverse Stock Split Effective 6/24/15
DOVER, DE 6/23/2015
Metatron Inc. a leader in mobile application development announced that it has completed a 1:10000 reverse split of its common stock Approved by FINRA it was announced June 23rd 2015 on their Daily List. This corporate action will take effect at the open of business 6/24/2015. The new symbol will be MRNJD. The “D” will be removed in 20 business days and the symbol will revert back to MRNJ. More Information about Metatron can be found in its quarterly and annual reports located on the OTC Markets Website."
https://www.otcmarkets.com/stock/MRNJ/disclosure

yahoo! news
"DOVER, DE / ACCESSWIRE / February 1, 2017 / Metatron, Inc. (OTC PINK: MRNJ) announced today a reverse stock split of its common stock, par value $0.00001 per share (the "Common Stock"), at a ratio of one-for-seventy- eight (1:78). The reverse stock split is effective immediately prior to the market opening on February 1, 2017. Following the effectiveness, the Company's Common Stock will begin trading on a split-adjusted basis under the symbol "MRNJD" for a period of 20 days, after which the "D" will be removed and the Company's symbol will revert to the original symbol of "MRNJ." The Company's Common Stock will also be identified under a new CUSIP number (59141K101)."
https://finance.yahoo.com/news/metatron-announces-strategic-move-areas-190000892.html
---

SEC
Release Date
Jun. 26, 2023
Release Number
34-97799
“The Commission has determined, in its discretion, that it is appropriate to extend by 90 days the period within which the decision in this matter may be issued. Accordingly, IT IS ORDERED that such period be, and hereby is, extended to September 25, 2023.”
https://www.sec.gov/litigation/apdocuments/ap-3-18567.xml

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")."

MRNJ
SEC
Sep. 4, 2018
Page 6
“FINRA also acknowledged that, prior to the 2017 Split, the Company filed a corporate action request in May 2015 (CAS-35646) to process a 1:100,000 reverse stock split.”