American Green has filed with the State of Wyoming and FINRA to execute a reverse stock split with a ratio of 1 for 500, which becomes effective today.
PHOENIX, AZ, Sept. 23, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – Today American Green (ERBBD:OTC) announced that the Company has filed with the State of Wyoming and FINRA to execute a reverse stock split with a ratio of 1 for 500, which becomes effective today.
The Roll Back was approved by the Company’s Board of Directors and a majority vote of its shareholders in compliance with its state laws and federal regulatory authorities and will have no inherent effect or change on either the Company’s total market capitalization or shareholder value as of the opening bell of trading this morning.