RE:Curious about said 1:5 Reserve Split VoteThe Form for Proxy is on Sedar under Associated Documents, dated Nov 14/18, SC....don't like these reverse splits anytime but this would be the time ifthere is one for FIRE. I see $5.40 from here much easier than $27.00 post split, JMHO....Opt
solarcradle wrote: I saw this posted by a facebook user on the Facebook - Supreme Cannabis Company Discussion Group. I'm wondering if anyone can provide information about this?
"From the proxy vote..."
"To consider and, if deemed advisable, to pass with or without modification a special resolution approving a future consolidation of the Company's issued and outstanding Common Shares on the basis of one (1) post-consolidation Common Share for up to five (5) pre-consolidation Common Shares if, and at such time following the date of the Meeting, as the board of directors of the Company so determine, as more particularly described in the Circular."
I have not yet received any literature about it, yet. I'm wondering how small the float would be after a 1:5 reverse split, if it's true? Can someone please do the math? :)