Replies to post #1388 on Sanuwave Health Inc (SNWV)

[janeyH]

here’s all the news ... A LOT to unpack in here ...

All director nominees, including Kevin A. Richardson II, John F. Nemelka, Alan L Rubino, A. Michael Stolarski, Maj-Britt Kaltoft, and Thomas Price were elected to the Company’s board of directors. Stockholders also approved the ratification of the appointment of Marcum LLP as the Company’s independent public accounting firm for the fiscal year ending December 31, 2020; the reincorporation of the Company from the State of Nevada to the State of Delaware; an amendment to the Company’s articles of incorporation to increase the number of authorized shares of the Company’s common stock by 250 million shares to 600 million shares; the grant of authority to the Company’s board of directors to effect a reverse split of the Company’s outstanding common stock at a ratio of between 1-for-10 and 1-for-50; and, on an advisory basis, the executive compensation of the Company’s named executive officers, commonly known as “say-on-pay.”  In addition, the stockholders voted, on an advisory basis, to hold a “say-on-pay” vote at a frequency of once every three years.

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In the near future, the Company expects to file an application to have its securities listed on Nasdaq.