It just said in their articles that they could do a reverse split up to 500:1 and that they could reverse the A/S at 25% of what ever they reversed the O/S at. It doesnt mean that they had to do that. I just think it would have showed some good faith to shareholders if they reduced the A/S at the same ratio.
The reason for doing that is that they won't have to go back and change the articles of incorporation in case they did need to increase the A/S in the future. Hopefully the only reason would be to accomdate the acquisition of a revenue generating company.
None of it makes much difference. The real difference is what they do in regard to future share issuance.
Market Data 
Markets 
AI
