Replies to post #15224 on Cherubim Interests Inc (CHIT)

[Serge521]

Houston we've got a problem

Abort ship

[FunkyCoolModena]

Ouch! It went below 0005, does that mean it defaults? Or does it have to close below 0005?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130263035



Can you specifically point out where according to the 8-K it cannot go below 0005 otherwise something defaults?



I suspect this isn't good for common shareholders.



I truly believe that with the suspected 1.2+BILLION shares that I believe I read about that are maybe being reserved, that a REVERSE SPLIT is simply inevitable. That's just my opinion.






GLTA~~