From Berge: Company will benefit from the Reverse Stock Split because it believes that such Reverse Stock Split could be a catalyst for an increase in the stock price of the Common Stock, which in turn could increase the marketability and liquidity of the Company’s Common Stock, as well as increase the profile of the Company for private investment, acquisitions and other future opportunities that become available to the Company.
Accordingly, Reverse Stock Split would better position the Company to attract potential business candidates and provide the Stockholders a greater potential return.
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