This is even better.
at a ratio of up to five (5) pre-reverse split shares to one (1) post-reverse split share
If the Reverse Split is approved, the Board of Directors will have the authority to implement the Reverse Split, and, if enacted, to determine the Reverse Split ratio required to meet the minimum price per share requirements on the NASDAQ Capital Markets. Currently, the Board of Directors intends to implement the Reverse Split as soon as practicable following approval by the stockholders and the TSX Venture Exchange. Notwithstanding approval of the Reverse Split by the stockholders, the Board of Directors, in their sole discretion, may abandon the Reverse Split without further approval, action by, or prior notice to stockholders.