IVAN don't under. Ratio determined later.
I'm guessing you are saying the CEO has a history or style of R/S behavior? I'd don't respond to one word questions.
The R/S is usually decided & announced fairly soon after the vote is these cases. That's especially true when fallen so cheap. Time becomes more pressing than in other situations like if just .OTCBB shares. IVAN's first/only R/S was a fairly small one. With current O/S 115M the R/S likely to again be small size, but enough to a Nasdaq standard. Maybe 1-10 to get to $2.50 which is the usual amount of these specs though players don't appreciate a rising O/S ratio. Co. will raise money selling into the new 11.5M share count rising back to 200+M again. Rinse, repeat until they strike riches or quit. When considering Canadian plays it is only for scalp, never hold. That's it.
Security Notes
•Capital Change=shs decreased by 1 for 3 split. Ex-date=04/26/2013.
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