InvestorsHub Logo
Followers 5
Posts 87
Boards Moderated 0
Alias Born 07/15/2013

Re: None

Friday, 01/17/2014 11:47:02 PM

Friday, January 17, 2014 11:47:02 PM

Post# of 44483
Read the S1 ..."The Company may have to restructure the common stock through a common stock reverse split to meet its minimum Exercise Market Price of $0.50 per share of common stock. The purchase price that the Selling Stockholder will have to pay may be less than the $0.50 minimum Exercise Market Price as the Selling Stockholder’s purchase price is ninety percent (90%) of the average of the three lowest closing bid prices during the ten consecutive trading days immediately following the Company's delivery of a Notice (the “Pricing Market Price”)."

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.