If they were doing an 8 for 1 forward split they would have announced it in the 8k with the merger agreement.
They are doing a 1 for 2 reverse split to reduce the percentage of ownership of current JPCI insiders to an agreed upon level in the new company I believe, then they will issue the new shares to merge with Componus. Let's please not bug these people when they are doing this and simply be thankful for the quality of this merger. lol
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