You are not clearing anything up for me. I'll agree that the 14c clearly states that EVSI has a year to effectuate the reverse split. See here:
Directly from 14c:
Shareholder approval for a reverse stock split of the Company's common stock is valid for one year following the date of such approval. If no such reverse stock split is effectuated for the one year following May 9, 2006, the Company will be required to present the matter to the shareholders again for approval prior to effectuating the reverse stock split.
PLEASE NOTE THAT THE REVERSE STOCK SPLIT WILL BECOME EFFECTIVE AS OF THE DATE APPROVED BY NASDAQ MARKET INTEGRITY. THE BOARD WILL HAVE ONE YEAR FROM THE DATE HEREOF TO DECLARE THE REVERSE STOCK SPLIT. HOWEVER, UPON EFFECTUATION, THE REVERSE STOCK SPLIT WILL NOT CHANGE YOUR PROPORTIONATE EQUITY INTERESTS IN THE COMPANY, EXCEPT AS MAY RESULT FROM THE ISSUANCE OR CANCELLATION OF SHARES PURSUANT TO THE FRACTIONAL SHARES.
The 14c was submitted with the second paragraph above in bold. That paragraph says that the reverse split will become effective as of the date NASDAQ approves the split. That combined with the quote previously cited about everything being anticipated to be effected by August 14 would lead one to assume that management was shooting for August 14 for the R/S. That's all it is keypester, an assumption based on the indicators in the 14c. It has never been presented as a concrete fact that would definitely happen on that date.
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