GREY:ALXDF - Post by User
Comment by
LRGreturns4meon Sep 27, 2017 4:21pm
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Post# 26750346
RE:Approval of Share Consolidation 1 for 10 !
RE:Approval of Share Consolidation 1 for 10 !This gives the board authority to consolidate shares if deemed necessary at the time of approval or at some point int he future. Thus the "1 for up to 10" share consolidation. There is no effective date at this time. The board wants shareholder support for additional consideration of a POSSIBLE consolidation.
They were considering consolidation at least year and a half ago, but consolidation without a reason or catalyst is a killer. It could be that they time a consolidation with the RE update, which could prove toi be a good move.
Marine2, you never clarified the last lies, you were caught in. Wait until December if you choose, you may have a better opportunity, but you will never have any respect from the people on this board.
LRG