Hardly a willy-nilly change of mind.
BRAV Will Not Consider a Reverse Split Until 2022
...an issue arose that dates back to 2001, when the Company was Teltran and under previous management. Teltran management failed to complete required filings for years 2001 – 2007 which was not an issue at that time.
...on March 10, 2015 FINRA, with the support of the SEC, expanded its impact on the small-cap marketplace by conducting in-depth reviews of issuers in conjunction with the processing of corporate actions. There was no “grandfather” provision to this directive...
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