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pinkslipjunkie

03/15/24 10:45 AM

#4684 RE: ATM123 #4683

I would say after the split becomes effective...my opinion.

TJG

03/15/24 10:48 AM

#4685 RE: ATM123 #4683

After its approved they will announce the results... they wont reveal the date of when the RS will go into effect until after the vote and the Phase III results are revealed

The vote is a safety net and it states that they will decide in the future what the ratio will be, based on the needs of the company at the time of the designated effective split day... As it says in the DEF 14; That without the approval of the reverse split then the deal to restructure the debt is off... without that deal in place then there will not be a run up to their anticipated price per share level even with positive results... it will run up but it will be dogged by the dilution Fife will use to get his money from the loan he gave Jaguar back in mid 2023.