InvestorsHub Logo
Post# of 13011
Next 10
Followers 64
Posts 13745
Boards Moderated 0
Alias Born 01/05/2003

Re: None

Friday, 06/13/2014 9:32:31 AM

Friday, June 13, 2014 9:32:31 AM

Post# of 13011
COOL 1-7 at open today

On its 4th name and now 3rd R/S. $1.81 down from open, may pop.

08:05 AM EDT, 06/11/2014 (MT Newswires) -- Majesco Entertainment Company (COOL) said that a 1-for-7 reverse stock split will be effective June 13.
The reverse split was approved by shareholders in April.
COOL closed down 4.8% on Tuesday, near the bottom of the 52-week range between $0.28 and $0.77. It was inactive in recent pre-market trade.
Every seven shares will automatically be converted into one newly issued and outstanding share. No fractional shares will be issued in connection with the reverse stock split and shareholders that would otherwise a fractional share of Majesco common stock will receive a cash payment in lieu.
Price: 0.30, Change: , Percent Change:
http://www.mtnewswires.com © 2014 MT Newswires, a Division of MidnightTrader, Inc. All rights reserved.
--------------
Capital Change=shs decreased by 1 for 10 split. Effective date=3-12-02
•Capital Change=shs decreased by 1 for 7 split Pay date=12/31/2004.
•Capital Change=shs decreased by 1 for 7 split. Ex-date=06/13/2014.

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

~ Thomas Sowell

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.