At the same time, the Company conducted a reverse split of all of its issued and outstanding shares of common stock at a ratio of one-for one thousand shares (1:1,000). As a result of such reverse split, the number of issued and outstanding shares will decrease from 1,546,636,478 to 1,546,636 shares.
On February 10, 2016, the Company filed an Issuer Company-Related Action Notification Form with FINRA requesting the reverse split at a ratio of one-for-one thousand shares be effected in the market upon approval.
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