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highlandernew

01/23/17 7:08 PM

#22024 RE: JJ24 #22023

REVERSE SPLIT on 01/31 per 20 days notice in DEF 14C? So yes, it's the last available days now?

That's why company does NO MOVE AT ALL since Jan 11?

"...adopt an amendment to the Company’s Articles of Incorporation, as amended (the “Articles of Incorporation”), to effect a reverse stock split at a ratio of (i) 1-for-250; (ii) 1-for-500; (iii) 1-for-750; (iv) 1-for-1000; (v) 1-for-1250; (vi) 1-for-1500; (vii) 1-for-2000;or (viii) 1-for-2500...
...
Pursuant to Rule 14c-2 under the Securities Exchange Act of 1934, as amended, the Corporate Actions cannot become effective until twenty (20) days after the date this Information Statement is mailed to the Company’s stockholders. We anticipate that the amendment will become effective on or after
January 31, 2017..."


What are your thoughts about this?