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prowler3701

02/23/22 11:20 AM

#118905 RE: OTCPennyTrader #118904

<<<"Although the SEC has authority over a broad range of corporate activity, state corporate law and a company’s articles of incorporation and by-laws generally govern the company’s ability to declare a reverse stock split and whether shareholder approval is required.">>>

Does that authority include stopping penny stock CEO's setting up a sweetheart deal for themselves??