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pseeker

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Re: konaim post# 31400

Wednesday, 08/08/2007 10:43:49 AM

Wednesday, August 08, 2007 10:43:49 AM

Post# of 44006
Q: What happens if the reverse stock split is not approved by the shareholders?
A: The Board believes that if the recommended reverse stock split is not approved by the shareholders, the viability of the Company as a going concern is at significant risk. Additionally, if shareholder approval is not received, the Board believes that the Company will have no avenue to attract the required capital it requires and shareholder value will be greatly compromised.
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