The report is year ending march 31st. They did just as it said and upped the A/S to 5 bil to meet that requirement by June. Why would you word it as still on the table? You have trouble with calculating dates?
either increases its authorized shares or effectuates a reverse split of its common stock but in any event no later than June 1, 2012
The way I understand this....it has already happened....to have occured before June 1st and it did.
I would agree......if the PPS stays in this range or lower, there would have to be a R/S or Increase AS....Therefore....Roy will have to pull a stunt to keep this from happening by pumpin this thing somehow.
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