InvestorsHub Logo
Followers 117
Posts 2539
Boards Moderated 0
Alias Born 05/10/2011

Re: caseyryan1986 post# 19522

Wednesday, 06/01/2016 7:26:43 PM

Wednesday, June 01, 2016 7:26:43 PM

Post# of 38496
The court document specifically states FRACTIONAL COMMON SHARES!!!!!

Fractional shares are the only shares affecting the typical shareholder. Fractional shares are shares that are not or will not be equal to a whole share. Usually a result of post Reverse Split (RS). Example: after the RS, you end up with 3465.7 shares. The .7 of a share is the fractional share. Another example: DVLY recently had a RS followed by a Forward Split. This is the comment included explaining what will occur in the event a shareholder ended up with fractional shares...

Holders of less than 250 shares will not participate in the forward split and will receive cash in lieu of fractional shares at $0.73 per share following the reverse split.



You can find this on FINRA's Daily listing.



ANYONE WHO DISPUTES THIS IS FULL OF !@#$%!!!

The screams of ALL COMMON SHARES ARE GOING TO BE EXSTINGUISHED IS BULL !@#$!!!

The ba shers are here for a reason. They work for someone or have their own agenda! No one sits and cries wolf on a .0001 ticker 24/7!!!!


This is not directed towards you caseyryan1986; just additional info to your comment.

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.