TOOK info from the STICKY post
TRIED---DENIED---BLAGMAN BOLTED !!!!
Second, and this is for the Shareholders in regards to the aforementioned Reverse Split. I have told the Board of Directors that the company's ambitions to get to Nasdaq cannot be done by utilizing a 10,000 to 1 reverse split, and I've made some strong arguments to that effect. If a reverse split is necessary, it won't happen right away, these processes take time and even then may not get approval by Finra. This is why I have proposed to the Board that IF any reverse split were to occur, it cannot exceed a 20 for 1 R.S., with a more aggressive lean towards a 10 for 1 R.S. or nothing at all.