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Replies to post #14091 on CV Sciences Inc (CVSI)
zizzy
06/26/18 6:42 PM
#14092 RE: benjo #14091
jefra1965
06/26/18 7:22 PM
#14096 RE: benjo #14091
This final item of business, the reverse stock split, has as its sole purpose clearing a pathway for the Company to “uplist” to a major national securities exchange. The key national exchanges require that a listed Company’s stock price trade at certain levels for acceptance. If this item is approved by our stockholders at the annual meeting, the Company will effectuate the reverse split only in connection with an application to uplist to a major exchange, and only if necessary. Same as last year, if the Board of Directors feels the Company is not yet ripe for an uplist, any reverse split will be delayed until the time the Company is ready.