now in the super 8k, didnt they say
increase authorized shares to 600million or 1:7 split, or a combination of both....if they have already increase the authorized shares, then there wont be a reverse split....and if no split, and its going to a higher exchange, only means that the price will have to go above 3 dollars...
this is form the super 8k
Call of Special Shareholders’ Meeting . Under the Exchange Agreement, Genesis agreed to cause its board of directors to call a special shareholders’ meeting to be held within 60 days of the Closing to vote upon (i) an increase in the authorized number of shares of Genesis common stock to at least 600,000,000; or alternatively, a reverse stock split in which at least every seven (7) shares of common stock shall be combined into one (1) share, or a combination of the two and (ii) an increase of the authorized number of directors.
any thoughts?
