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What ya think about this one...NRMG.OB
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1096840
In connection with the Reverse Split our Board of Directors, in its discretion, may provide special treatment to certain shareholders to preserve round lot holders ( i.e. , holders owning at least 100 shares) after the Reverse Split. The terms and conditions of special treatment afforded to our shareholders to preserve round lot shareholders, if any, including the record dates for determining which shareholders may be eligible for such special treatment, will be established in the discretion of our Board of Directors.
HISC on the POS alert...RACK EM up:
10/23/2007 14:32:10|S2|HISU|HISC|Homeland Integrated Security Systems Inc New Common Stock (FL)|Homeland Integrated Security Systems Inc Common Stock (FL)|10/24/2007|1-400 R/S
It sounds interesting. So the concept is whenever a company R/S's, when they say the minimum lot of shares is rounded up to 100 or 500 shares, you basically buy 1 share and when the R/S happens, you get 100 or 500? Then you immediately sell for a profit before the price goes back to previous price before R/S.
So if share price is currently .01, you buy the one share. The lot is 500 shares. If they do a 20/1 R/S, the price jumps up to .20 and then you have an easy $100 and you only spent a penny + commissions.
Sorry if I'm stating the obvious.
It sounds interesting.
it's a shame this board has largely dried-up.
These special treatment splits are a great source for potential gains.
My buddy with scott already got his
100
OK.. update... MPNC....
Tried 4 accounts...
1 - 99 TD now 0
2 - 100 TD now 0
3 - 500 TD now 1
4 - 500 ET now 1.65
What do I do next?
This is funny!
GCHR: from today's 8k:
Effective at a December 21, 2006 special shareholders’ meeting the Registrant’s shareholders granted the Board of Directors to effect a reverse split of the Registrant’s common shares. At a special Board of Directors meeting on April 4, 2007 the directors effected a reverse split of 1 to fifty (50). The action is to be effective as of April 16, 2007 or as soon thereafter as practical. The Registrant retained the authority to issue up to 500,000,000 shares.
Pursuant to a special shareholders meeting dated December 17, 2001 where the shareholders authorized the Board of Directors the effect a name change for the Registrant; the directors at a special board meeting held April 4, 2007 effected the change of the Registrant’s name to “American Resource Technologies, Inc.” This change has been filed and accepted by the Kansas Secretary of State as of April 9, 2007.
Daily List - when it appears there the day before it is official.
Thanks cintrix.. is the Daily list the "final" to be given the round up or is the Def14?
It's not a filing. The daily list is where we get the rs into for the next day that we post here. The Pre14 filings will give you the heads up that they are considering a rs.
What filing puts them on the daily list? TIA
I don't buy them until they hit the daily list. Once they are listed on that list the day before then you know for sure if it is official.
I have 3 TDAmeritrade and 1 ET doing this with MPNCE.OB
this is my first one to do this... I'll let ya know how it works..
The last one I did I received over a hundred bucks (I think it was around $120 )in each of my accounts. So, even if you have one account, that would have been worth it. I have four Etrade accounts and one Ameritrade account - I have yet to do it with the Ameritrade account because I hear they are the pits about getting the round-up shares.
Just thinking round up for many stocks...
buying "X" shares pre split to end up with 1 share post split then you get rounded up 100...
In most cases do you know or think you come out with a gain... TIA
Which special treatments r u referring to? The round off of the less than 100 shares or r u referring to the mistake on the daily list?
Can these special treatments be fruitful?
I doubt it - this wouldn't be the first time there was a misprint on that site. I'm sure they must have some type of disclaimer.
The OTCBB changed it, they screwd up. Can they do that without getting into trouble since their alert influenced people!
Was:
13:37 03/26/2007 DSKT Duska Therapeutics, Inc. Common Stock DSKA Duska Therapeutics, Inc. New Common Stock 1-20 R/S; No Shareholder to be reduced below 1000 shares **
Now:
15:55 03/26/2007 DSKT Duska Therapeutics, Inc. Common Stock DSKA Duska Therapeutics, Inc. New Common Stock 1-20 R/S; No Shareholder to be reduced below 100 shares **
Look at the link for DSKT. 20:1 RS, but will not reduce below 100 shares. Buy 100 shares today, still have 100 shares after RS, but PPS is 20X greater.
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001350071%252D07...
Aggie
This board dead?
these things ever work out?
or is this best kept to yourself?
TIA
http://www.investorshub.com/boards/board.asp?board_id=3017
I don't inderstand this from the iBox:
.. but don't split 100 shares
Here we go! This should be a great site on R/S!
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