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zizzy

06/26/18 6:42 PM

#14092 RE: benjo #14091

I think its good they discussed that, I wish it had come a week or so earlier though.
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jefra1965

06/26/18 7:22 PM

#14096 RE: benjo #14091

And only if necessary... It's just a confirmed option to move ahead if the opportunity presents itself, just like last year.

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.