Vitality Prime Inc (VPIM)

[Renee]

QS888: When a company conducts a reverse split your shares are divided by the amount stated and the share price adjusts upwards by the same ratio. If you check your Brokerage account you will see that the amount of your SAEE shares were divided by 150. In all instances the suffix D is attached to the symbol for 20 market days so that all investors know that a split has occured.

Example: 7500 SAEE shares would be reverse split by the one for 150 ratio to 50 SAEED shares. If the share price before the split was (example) .0073 it is multiplied by the same ratio of 150 to equal $1.07.

Theoretically your 50 reverse split shares should be worth the same dollar value as your 7500 shares were worth before the reverse split.

However, since reverse splits of penny stocks are viewed as negative by penny stock investors the post-reverse split value of the reverse split shares is most often less than the value of the pre-reverse split shares.

The Filing:

7 Star Entertainment Inc. changed to SpectralCast Inc., and a one for 150 reverse split:

http://www.otcbb.com/asp/dailylist_detail.asp?d=01/14/2014&mkt_ctg=NON-OTCBB