InvestorsHub Logo
icon url

bonedaddy77

06/19/19 2:03 PM

#1163 RE: shareslanger #1162

Probably because a reverse split could be coming...

This was in that proxy

All officers and members of the Board of Directors have indicated their intention to vote in favor of approval of the Amendment, which would result in the Company receiving sufficient votes in favor of the Amendment. The Board of Directors believes it is important to allow all shareholders of the Company to participate in the amendment process and to express their opinion with respect to the Amendment, and as such, are seeking the approval of all of the Company’s shareholders, rather than taking action by themselves through their voting power under the Class B Common Stock.

As noted above, the Consent Period ends on July 5, 2019. The members of the Company’s Board of Directors will review the voting totals at the close of the Consent Period in making their determination of whether to proceed with the filing of the Amendment and the implementation of the Reverse Stock Split.
icon url

dshade

06/19/19 3:31 PM

#1185 RE: shareslanger #1162

A/S is low and so is the O/S even maxed out it is pawltry
icon url

beenhadbefore

06/19/19 7:02 PM

#1209 RE: shareslanger #1162

It still has to be done that's all that matters. With that kind of overhang in he stick knowbody who is serious will touch the stock, investor or banker.