Replies to post #8369 on Quanta Inc (fka QNTA)

[Hymeeto]

There is no R/S - read the filings

[work-n-hard]

A R/S was passed by the board and can be implemented within a 1 yr. time period.
One has not been submitted as of yet, that we know of.

[PennyWorld]

bug... no r/s planned. Here is an excerpt from the June 8 PR. You should study up on the recent PRs to get up to speed.

excerpt.....
Regarding the option to do a reverse split, I want to highlight that this filing gave authorization to our Board of Directors to do a reverse split in the future; it did not specify how or when we would do this. We have yet to decide if or when we would need to do this; however, again, including it in the filing now gave us yet another tool to utilize to move to a higher exchange in the future. It did not set an actual ratio that we would be held to, only a maximum allowable. We believe that having our company listed on other, more prominent exchanges, will ultimately lead to larger institutional interest and long-term shareholder value. It was imperative that we accomplish this now, while we plan for our future.