There will be no notice of the reverse split.
The first sign you will see is the R/S will appear in the daily list, but investors won't be able to sell until after your broker prepares the post-split shares for trading, which can take a few days to a week. Meanwhile the big boys will already be selling ahead of most retail investors, who will be stuck with shares they know will be going lower.
Since CBDD is flat broke, with no assets, they will be almost immediately letting the noteholders convert and dump their shares.
Current liabilities:
Accounts payable and accrued liabilities $774,579
Notes payable 1,054,423
Total current liabilities 1,829,002
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