Support: 888-992-3836
Copyright © 2023 InvestorsHub Inc.
Replies to post #23181 on DoMark International Inc. (fka DOMK)
Frayed Knot
10/23/15 12:50 PM
#23182 RE: Frayed Knot #23181
In September 22, 2015 the Company applied to FINRA to enact a 1:6000 (one for six thousand) one common share for six thousand common shares, reverse stock split. The Company already had the form 14C approved by the SEC to apply for the reverse stock split. Since there are two shareholders with over 50% (fifty percent) voting control, there wasn't any need for a proxy vote on the reverse stock split. The Company's ahareholder's were notified of the reverse stock split application, Due to the fact the Company's stock value was significantly low, the Company needed to do a reverse stock split to raise potential capital, through promissory note and investment vehicle funding, to continue operations. Mr Andrew Ritchie, is still the Company's CEO, President, and board director.