We are not alone and another example of maneuvering..I only have about 10k shares on this one , I made some good money on it but now like PMN is screwing the bag holders ,,,,and like PMN they use the old Nasdaq trick..
Algernon Pharmaceuticals Inc. (“Algernon” or “Company”) (CSE: AGN) (FRANKFURT: AGW) (OTCB: AGNPF), a clinical stage pharmaceutical development company, announces that it intends to consolidate its Class A common shares (the “Common Shares”) on a one-hundred (100) to one (1) basis (the “Consolidation”). The Company currently has 167,486,769 Common Shares issued and outstanding. Following the Consolidation, the Company will have approximately 1,678,809 Common Shares..
..
The Company is undertaking the Consolidation to, among other things, assist the Company in meeting the listing requirements of the Nasdaq Capital Market. The listing of the Company’s Common Shares on the Nasdaq Capital Market remains subject to Nasdaq approva