InvestorsHub Logo

KeepItRealistic

03/26/17 1:19 PM

#28125 RE: shotsky #28110

RS is not in August.

There is zero ambiguity on when the 4 to 1 RS is coming.

The 4 to 1 RS is "on or around March 31st"

Exact date will be communicated when it is official (aka approved)

Here are the wordings of the two filings.

On March 14,2017  the 10K talks about the approval window. In other words the deadline to have it done by as approved already by shareholders.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11929210

"While our stockholders have approved a reverse split of our common stock on an exchange ratio of up to one-for-four shares on or prior to August 29, 2017 at the discretion of our board of directors"

On March 10th,2017 the 8K talks about the execution date approximation.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11922579

"Following the effective date of a 4-for-1 reverse stock split to be effective on or around March 31, 2017,"