Replies to post #4485 on Invictus MD Strategies Corp (IVITF)

[HPAAZ]

This is from there press release --

the purpose of the consolidation is to increase the Company's common share price to be in compliance with Nasdaq's minimum share price listing requirement of USD $3.00 (CAD $3.98). Management believes this reduced ratio is sufficient to achieve Nasdaq's minimum threshold. At Friday's closing share price of CAD 1.06(USD 0.80) on January 18, 2019, a 5:1 consolidation represents a new Company share valued at CAD 5.30 (US 3.99).



3$ is the minimum -