Replies to post #1125 on RBR Global Inc. (RBRI)

[lucky2stock]

Reverse split is confirm?

[SPORTYNORTY]

So you believe the company is going to go through with the R/S leaving them with 93,015 shares?

On June 24, 2019 the Board of Directors and the majority shareholder of the Company approved the following actions (and filed the corresponding Articles of Amendment with the State of Nevada):
- The authorized common shares of the Company decreased from 1,500,000,000 to 1,000,000,000.
- The outstanding shares of common stock of the Company decreased from 93,012,500 to 93,015 on a pro rata basis as a result of a 1,000 to 1 reverse split in which any fractional shares shall be rounded up (NOTE: the effects have been applied on a retroactive basis in these financial statements).
The Company plans to file the foregoing changes with FINRA, but there is no guarantee FINRA will effectuate the changes.
As of September 30, 2019, the Company has 93,015 shares of common stock outstanding.

DOESN'T MAKE ANY SENSE AT ALL.