if you had read the filing about the r/s you would know that they had until 6/30/2008 to do it, after that, they had no approval to do so. here's part of the filing on 6/13/2008 Authorized the Board of Directors of the Company to implement a reverse stock split at any time prior to June 30, 2008, in which all outstanding shares of the Company’s common stock, whether validly or invalidly issued, will be combined at a ratio of 1-for-200; and
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Approved the amendment to the Company’s Restated Articles of Incorporation changing the Company’s name from Bancorp International Group, Inc. to Energy Source, Inc., which was filed effective on June 5, 2008, and is attached hereto as Exhibit 3(i).1 and is incorporated herein by reference.