RE:RE:RE:RE:RE:RE:RE:RE:RE: 'Energy crisis ahead': Nuttall makes case for $100 oilThe company seems to beg to differ...If the Astra deal goes through, theres more than likely also going to be a reverse split...Those are literally the two items that are being voted on in the proxy form...
1. Surge Issuance Resolution. To consider and, if thought advisable, to approve, with or without amendment, an ordinary resolution approving the issuance of common shares of Surge (“Surge Shares”) pursuant to a plan of arrangement involving, inter alia, Surge, Astra Oil Corp. (“AOC”) and the holders of common shares of AOC under Section 193 of the Business Corporations Act (Alberta)
2. Surge Share Consolidation Resolution. Conditional upon the Surge Issuance Resolution being passed at the Special Meeting, to consider and, if thought advisable, to pass, with or without variation, a special resolution approving the amendment to the articles of Surge to effect a consolidation of the Surge Shares on the basis for one (1) post-consolidation Surge Share for each 8.5 pre-consolidation Surge Shares
You can vote against it...but it very much is more than chatter
Stockhudson wrote: there is NO consolidation just a bunch of chatter