Replies to post #537 on FLASR Inc. (fka FLSR)

[Power of Emouna]

I didn't say it the filing did!
From proxy statement (14c) of Friday December 4 2015.
Quote:

As of December 4, 2015, there were 297,038,096 shares of Common Stock issued and outstanding. Although the number of authorized shares of common stock will not change as a result of the reverse split, the number of shares of our Common Stock outstanding will be reduced to approximately 11.9 million shares, with some downward adjustment because of the payment by the Company of cash for any fractional shares resulting from the split.

As of December 4, 2015 there were 297,038,096 shares of Common Stock issued and outstanding. As a result of the reverse split the common stock outstanding will be reduced to approximately to 11.9 million shares.

So do the math:

297,038,096/11,900,000 = 24.96

Meaning we will receive 1 new share for every 24.96 shares following the reverse split!

Ratio is 24.96 to 1. Lol!

24.96 shares of value 0,0001 = 1 share at 0.002496

The company will want to remain OTCQB fully reporting. Which mean they need to maintain a minimum stock price post r/s of 0.01+. From 0.00249 level post r/s the stock price will have to be increased by minimum 3X the value of 0.002496 to be at 0.01+. Get the picture?