Hey Genius, its in the 7/21 8-K filing. Do you know how to read? Here it is: Item 5.03 – Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On July 19, 2016, at the Annual Meeting of Stockholders, the stockholders of the Company approved an amendment to the Company’s Third Amended and Restated Certificate of Incorporation, as amended, to implement a Reverse Stock Split of the Company’s Common Stock with the ratio to be determined by the Board of Directors (the “Board”) of the Company, within a range of one (1) share of Common Stock for every two (2) to twenty (20) shares of Common Stock. If the Board of Directors continues to believe that a Reverse Stock Split is in the best interests of the Company and its stockholders, the Board will determine the ratio, within the range approved by the Company’s stockholders, of the Reverse Stock Split and implement such Reverse Stock Split by filing a Certificate of Amendment to the Company’s Third Amended and Restated Certificate of Incorporation (the “Certificate of Amendment”) with the Secretary of State of the State of Delaware (the “Reverse Stock Split”). The Board of Directors may delay effecting the Reverse Stock Split without re-soliciting stockholder approval. The Reverse Stock Split, if any, will become effective after the filing of the Certificate of Amendment on the effective date set forth in the Certificate of Amendment. Beginning on the effective date of the Reverse Stock Split, each certificate representing pre-split shares will be deemed for all corporate purposes to evidence ownership of post-split shares.
Sentiment: Strong Sell
1- Dilution of more shares and 2- effecting a 20-1 Reverse Split!!! Management lining their pockets with more stock awards!! Wow, how horrible and pathetic but typical!!! Common shareholders lose again!!
Sentiment: Strong Sell
Headquarters in a tiny office building in NC? When you call the 800# you get a cheesy poor quality message on a cheap voice message machine. How many employees? 3 maybe? LOL
They are milking everything they can with unjustified & unwarranted over compensation, to the detriment of the common shareholders.
What is the source for the Lassiter details? I cannot locate it and have already checked the sec site. Thanks.
Luke, It just seems like there are those out there "in the know" selling for some reason, while retailers like us are blindly holding & averaging down. I'm not convinced that any blackout period itself would cause this consistent erosion. What is going on?
Drops every day a little without fails and with no news!! What is going on???????????????
Hoping that this slow drip death of the PPS reverses itself soon with some real volume. I am holding from higher levels. So far a very foolish move on my part.
You are WRONG. The chart says that we are on the verge of an uptrend instead! Technically, according to the chart we are at the cusp of and on the verge of a positive MACD cross over.
Nice pick up at 46 cent but it may have been prudent to take your profits last week. LMFAO regarding 5.00-6.00. This thing is not a buy and hold, its a pump and dump. Like I mentioned last week we are still in the dump phase.
Doing a hell of a job, down 12%. How is that making money? Also curious. What is your average pps which you are holding (you current loss)?
LOL!!! You are clearly desperate now by pumping with out of date and irrelevant clips from the past. Trying to get more bagholders? I guess misery does love company.
Yes you must compare with STEM and other tiny bios like HTBX. Statistically most trials fail. Look it up genius. Tiny bios typically fail & die out because they cannot survive bad results, run out of money, delist, etc.. Explain how HTBX is any different???.
Q4 is a LONG way off Mr. Pumper. Apparently your strategy is to buy and pray? If results are not overwhelming positive, this stock is toast & company is done, like STEM! IMHO.