you need to keep reading that def-14c joe, everywhere else they mention it it's MORE THAN 100, IN EXCESS of 100
like here
For the adoption of a reverse stock split of the Company’s common stock in a ratio of one (1) new share for every twenty (20) existing shares of common stock outstanding. There will be no change to the authorized shares of common stock of the Company and any fractional shares will be rounded up. Shareholders who currently hold in excess of 100 shares will not be reduced below 100 shares. (see page 5 herein);
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.