May. 12 at 11:35 PM
$AREB Does anyone who got robbed since the split feel better after reading the CEO's comments? 🤣😂😅 For your information;
...Reverse stock splits are mathematically neutral - they do not destroy value..." AND
"...Our shareholders implemented round-lot protection. Our shareholders received fractional rounding. Our shareholders were protected to the greatest degree we could provide in the corporate action itself..."
The post split rounding resulted in 247,279 shares outstanding post split becoming 4,132,655 shares outstanding. 😉
https://www.accessnewswire.com/newsroom/en/consumer-and-retail-products/american-rebel-holdings-inc.-announces-nasdaq-panel-determination-shar-1166336
"We respect the Panel and the process," said Andy Ross, Chairman and Chief Executive Officer of American Rebel Holdings, Inc. "At the same time, we feel a responsibility to speak plainly to our 34,000 shareholders....