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okwife

09/07/16 2:49 PM

#18611 RE: Howell Industries #18610

call him he will explain it to you. but he cannot do the rs b/c kbm did a no no,according to the pinnochio nosed ceo.

Anvil

09/07/16 3:10 PM

#18612 RE: Howell Industries #18610

KBM was run by Curt Kramer who used to run Asher and his son now runs another toxic lending firm. Kramer due to his run-ins with the SEC is officially deemed a "bad actor" and many firms that still have Asher/KBM debt on them are getting denied corporate actions (i.e. reverse splits).

So until someone buys out KBM, no reverse.

https://www.sec.gov/info/smallbus/secg/bad-actor-small-entity-compliance-guide.htm