Replies to post #11595 on Strake Inc (SRKE)

[Sandera]

let it be.. they all missed the details>> from filing

The Board approved a resolution to give to the Board of Directors of the Company the option to effectuate a reverse stock split within the range of 10:1 through 1000:1 within 12 months after the filing of this Form 14(c). Management believes that over the next 12 months, the Company will be positioned for a possible up listing and thus is proactively preparing for a reverse stock split. The Board of Directors believes that a reverse stock split will help prepare the Company to meet the listing requirements of the NASDAQ or the NYSE.

the RS was intended to be used for an eventual UP LIST >> we all know how all business plans got derailed this year due to corona virus>> so no uplist this year but who knows as they will open up more and more markets>> heck yeah.. if they go Nasdaq or NYSE let them do as many RSés as they want>> will go herbalife or else.... lolol



https://www.otcmarkets.com/filing/html?id=13730516&guid=bIC6UeXRnsNMrth


ghhc