No, an R/S is not illegal. Them saying that the merger is dependent on one but not informing the shareholders who voted to approve the merger, is fraud, plain and simple. There is no way in hell that the shareholders would have approved a Reverse merge knowing that they were going to do a stock killing R/S. That is where the problem is. Got it? Get it!! Good!!!
point was/is, the R/S was nowhere near necessary as we had this over $2 from .005 All they had to do was release those sales projection numbers and stay the course. We would have been $10 by now and set for NASD
Disagree. It is greed on their part to implement on such a low OS plus dilute. Not required when such large AS. Clearly a malicious decision. And the price will sharply decline after RS not increase! Are you working for TDS or what???!! ;-)
Good to see you here ASPENC. Investors tend to mix two RS concepts, one to uplist to a higher exchange and the second one is a typical OTC RS situation which is normally followed by huge dilution.
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