Replies to post #21161 on GEX Management Inc (GXXM)

[Power of Emouna]

Learn to read & understand!!!

Here read it again!The Board of Directors decided that it is in the best interests of the Company and its stockholders to extend the time to determine the ratio of the Reverse Split for an additional one hundred eighty (180) days.

Quote:

REVERSE SPLIT

On September 11, 2019, the Company’s Board of Directors unanimously approved the of the Reverse Split of the issued and outstanding shares of Common Stock, including shares of Common Stock reserved for issuance, in a ratio and at a time and date to be determined by the Company’s Board of Directors, not to exceed a one-for-one thousand (1:000) basis within one hundred eighty (180) days from the date of filing of this amended Definitive Information Statement on Form 14C with the SEC. The Board of Directors decided that it is in the best interests of the Company and its stockholders to extend the time to determine the ratio of the Reverse Split for an additional one hundred eighty (180) days in order to: (i) evaluate the success of its capital raising efforts; and (ii) the growth of its operations during the extension.

[Power of Emouna]

If r/s happens only after 6 months and within the next 6 months the company generates substantially revenues & filed in Q3 & Q4 the stock price should appreciate considerably imo. That being said the ratio of the reverse split after 6 months will be much lower or r/s could even possibly be canceled all together. Furthermore a reverse merger play could also be a consideration with Gex. $GXXM$