When will the Name Change and Reverse Stock Split become effective?
Once we decide to implement the Name Change and the Reverse Stock Split, it would become effective on the date of filing of a Certificate of Amendment to our Certificate with the office of the Secretary of State of the State of Delaware (the “Effective Date”). However, a U.S. Securities and Exchange Commission (the “SEC”) rule requires us to first give 10 days’ prior notice to FINRA. Additionally, the Certificate of Amendment may not be filed until at least 20 calendar days after the mailing of this Information Statement.
Comes from Availa and has a ton of shares. Would think he would stay on but who knows.
Also was wondering if they are still planning on doing something with PBIO how that would work? Would PBIO then acquire CNGT or would PBIO become a subsidiary of CNGT? So many questions and not enough answers yet.
I'm sure there is a lot to add to this, but Bobby is the developer of Cannaworx products. I assume he will continue to develop products implementing Hemp/CBD and UST, and it appear as though he will be involved with business development moving foreword as well.
I'm very curious to get some updates on NOVI. I still a bit lost there.