Del Global Technologies Corp. (fka DGTC)

[threewheeler]

ok two different way i see this you get paid for the 40 extra shares or they just keep you at 1.008 shares, and then remultiply by the 5000, it is a way for co.s to get rid of small time holders, the fact that it say immediately is the part that is unknown, so im taking a gamble i get uped to the 5000 so we will see in about 20 days i guess On March 1, 2013, DGT Holdings Corp., a New York corporation (the “Company”) filed amendments to its Certificate of Incorporation, as amended (the “Certificate of Incorporation”) that (i) effectuated a 1-for-5,000 reverse stock split (the “Reverse Stock Split”) of its outstanding shares of common stock, $0.10 par value per share (the “Common Stock”), whereby each share of the Company’s Common Stock outstanding immediately prior to the Reverse Stock Split was converted into one five thousandth (1/5,000) of a share of post-reverse-split stock, except that shares of stock held by shareholders owning of record fewer than 5,000 shares of Common Stock immediately prior to the Reverse Stock Split were converted into the right to receive a cash payment of $13.50 for each share of Common Stock such shareholder held immediately before the Reverse Stock Split and (ii) immediately following the Reverse Stock Split, effectuated a 5,000-for-1 forward stock split, whereby each share of post-reverse-split stock was converted into five thousand (5,000) shares of Common Stock (the “Forward Stock Split”). http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9131996