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Re: J555P post# 43923

Friday, 11/29/2013 2:50:02 AM

Friday, November 29, 2013 2:50:02 AM

Post# of 70051
No JT460, those numbers are from the 10Q quarterly report on 8/14/2013.


On August 6, 2013, the Company filed a preliminary information statement on Schedule 14C regarding a 1 for 100 reverse stock split (the “Reverse Split”), which would reduce the number of issued and outstanding common shares from 3,463,055,556 to approximately 34,630,556. The Reverse Split has been approved by the Company’s Board of Directors and a majority of its shareholders. Fractional shares produced as a result of the Reverse Split will be rounded up to the next whole share. It is anticipated that the Reverse Split will become effective on or about September 6, 2013. The consolidated financial statements have been retroactively adjusted to assume the effectiveness of the Reverse Split.

Go check the filings, it's all there in black and white.

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