Condor Hospitality Trust Inc fka CDOR

[unoino]

In the 8k just posted.Of course the language quoted gives them up to a year to effect the roll back.But given the share price falling below a $1 now to stay listed the "on or before" language comes into play and probably will be before May 21 2104

" approved an amendment to the Company’s Articles of Incorporation to effect a reverse split of the Company’s common stock at a reverse split ratio ranging from 1-for-4 to 1-for-8 shares of common stock in the range to be selected by the Board of Directors, to be implemented, if at all, upon the decision of the Board of Directors on or before May 21, 2014".