"Now that the Reverse Split has been completed, we will file an Amendment to reduce the A/S once a few other items are completed such as the QB application".
As part of its ongoing effort to strengthen the company and position it for long-term growth, DPLS recently completed a 1-for-200 reverse stock split.
While reverse splits can sometimes be viewed cautiously, this move brings several key benefits to our shareholders.
By consolidating the share structure, DPLShas reduced the number of outstanding shares, creating a more manageable capital base and improving the company’s ability to attract new investors, market makers, and institutional interest.
The split also positions DPLS to meet listing requirements for the OTCQB Market, while signaling that the company is entering a new phase focused on growth, revenue generation, and scalability.
This restructuring lays the foundation for stronger market credibility and improved shareholder value