The vote gives the board discretionary authority to do a reverse split up to 1 year. Discretionary is the key word here. If the board doesnt think its needed, it wont happen. All that vote does,is give the board the ability to create more (diluted) shares if the 8 bil. max out. Since the board also has shares of MDCE,do you think they would want to dilute their shares unless, it was absolutely necessary? (Humbly submitted) Your not gonna sell 8 billion @.01 if you were them, would you? The higher the share price the greater value of the co.
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