DryShips Inc (fka DRYS)

[eastunder]

Absolutely. Sept 20th sec release

https://www.sec.gov/Archives/edgar/data/1308858/000091957416015530/d7264769_6-k.htm

To approve one or more amendments to the Company's Amended and Restated Articles of Incorporation to effect one or more reverse stock splits of the Company's issued common shares at a ratio of not less than one-for-two and not more than one-for-1000, inclusive, with the exact ratio to be set at a whole number within this range to be determined by the Company's board of directors (the "Board"), or any duly constituted committee thereof, at any time after approval of each amendment in its discretion, and to authorize the Board to implement any such reverse stock split by filing any such amendment with the Registrar of Corporations of the Republic of the Marshall Islands ("Proposal Three" and together with Proposal One and Proposal Two, the "Proposals"); and

He has a reason for tossing out that 'one for 1000' number.