Replies to post #54097 on One World Ventures Inc. (OWVI)

[propickboy]

Hi guys

Got a question what happens if nobudy sells their shares or better yet if everyone has their share listed to sell at a $1.00 and i mean everyone that owns owvi
Does that force the share price up
Has that ever happed

[reaper247]

Hey there LTM,

The “D” designation is standard, but temporary after a reverse split. It is automatically removed after 30 days and the internal system change will be put out by FINRA.

If there was a reverse merger that was actively being initiated by the current company, there would be a possibility of a name and ticker change when the “D” designation is removed.

That change first needs to be filed with the Secretary of State of (in this case Nevada.)

NVSOS doesn’t show any amendments at this time, which means that OWVID will likely revert back to OWVI unless there is new information or updates in the next few days or weeks.

That tells us that the reverse split will be a separate event from the actual reverse merger that everyone is expecting in the near future.

It looks like the R/S will be completed first and the completion of the R/M will likely follow soon after.

That’s my take on it, as of right now.

If I am wrong or circumstances change, I am sure someone will share that with the OWVI board.

Hope that helps.

GLTU, IMO and FWIW.