"Upon effectiveness of the reverse stock split, the number of authorized shares of our Class A common stock that are not issued and outstanding would increase from approximately 89,178,859 shares to approximately 137,835,772, 143,917,772 or 146,958,943 shares, depending on whether the split ratio determined by the Board of Directors 1:5, 1:10 or 1:20, respectively. "
Keeping the authorized the same!!!!!
Losers!!!!!!!!!!!
Let's see-- 146 million at 1 penny apiece. They can still raise another 1.5 million dollars from you suckers.
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