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02/12/18 12:03 PM

#30387 RE: abcd12 #30383

You are making the assumption that a proxy would be approved by 50% of Worlds shareholders. If approval was not given then the reverse split option is gone as a proxy filing overrides all prior shareholder approvals. That could possibly put Worlds in a box with no additional shares to issue and no authority to implement a RS.
Then Worlds would be in default to the Warrant holders and a law suit would occur, not a smart option.