Replies to post #48522 on Bowmo Inc (BOMO)

[Dennisb68]

Not overblown at all. Yes, 95% with a 20:1 RS. for every 20 shares you have before the RS you will have 1 share after the RS.
The company wants their share price above .01. Even with a 20:1 RS the share price would only be .0008 based on the current share price. That's why more than 1 RS is likely.
A 20:1 RS means that for every 20 shares you have before the RS you will have 1 share after the RS. You undertand that, correct?

[Dennisb68]

Important parts of the recent filing.

1. Grant discretionary authority to the Board, at any time or times for a period of 12 months after the date of the Written Consent (as defined below), to adopt an amendment to the Company’s Articles of Incorporation, as amended (the “ Articles of Incorporation ”), to effect a reverse stock split at a ratio between 1-for-10 to 1-for-20, such ratio to be determined by the Board, or to determine not to proceed with the reverse stock split (the “ Reverse Split ”); and

At any times allows them to multiple Reverse Splits.

This Information Statement will be mailed on or about December 3, 2018, to those persons who were stockholders of the Company as of the close of business on November 19, 2018 (the “ Record Date ”). The Reverse Split is expected to become effective on or about December 24, 2018 (the “ Effective Date ”).

These are not my words. They are taken directly from the filing.