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Power of Emouna

09/13/19 10:30 AM

#21175 RE: opinions #21173

This reads 180 days extension:

Quote:
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.

Hope this is clear to you!
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Power of Emouna

09/13/19 10:44 AM

#21176 RE: opinions #21173

Here's a quote of the Reverse Split paragraph
Note what's expressed last in the paragraph is the 180 day extension to determine the r/s ratio.

Note it's clearly stated and ADDITIONAL (180) days. That's seems to be the key word and expressed last! GL! $GXXM$

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.