It is proposed now, but they will announce a concrete date soon. My understanding is there is 40 million shares total, but 3/4's is insider owned. That means there's only 10-15 million shares to trade. Makes investors nervous because the volatility can be too much. If they can 5 for one, that will leave 60 million shares to trade. Then more investors and more buying pressure. The insiders aren't selling because they know where the price is heading. First announcement of a pot company signing up to advertise, this goes through the roof. On the other hand, the downside is very little. This was a shell bought last year, so no debt and no problems. Just lots of good ahead. Expect a pr soon, maybe tonight or tomorrow morning.