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[QUOTE]Originally posted by winner: [QB] Does the Reverse Split Affect the Shares Held by Insiders? Yes, ALL outstanding shares will be affected the same. Management believes in the direction of the company and looks forward to the future and the benefits the Reverse Split will have for our shareholders and company. Filings Show roughly 190 Shareholders, Does this include the NOBO List? No. The NOBO List shows ~2,300 shareholders. How Does this Reverse Split Benefit the Shareholders and the Company? Through the years I have witnessed many Reverse Splits and they are frequently utilized to regain control and ability to raise the price to move forward with OTCQB, NASDAQ, NYSE, etc. Moving the company up opens more opportunities for the company thus benefiting the shareholders due to the growth and sustainability of the company. Mr. William Pitre With the History of Reverse Splits, How Can CCAC Make Ours Different? While there have been failed Reverse Splits in the eyes of shareholders, there has also be successful ones that accomplish the goals set out while seeking the corporate action. We believe the Company has been guided to a position that Shareholders and the Company can benefit from the decisions the company has made through this point. Additionally, because of the strength of our management team and experience, we have the ability to make sound decisions as our intentions are for growth and sustainability of the company which benefits our shareholders. -Mr. William Pitre [/QB][/QUOTE]
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