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With an immediate 1000/1 Forward split.
Their also cashing out everyone with less then 10,000 at 0.10$ each.
Are they then burning those shares, absorbing them, who knows but if their not part of the float anymore then PPS should rise.
We’ll know soon enough.
Dont sound good 10,000 r/s
Grim
Don’t know yet... ticker is frozen, no trades, no value.
I’m eager to understand the reasoning behind the R/S - F/S and even more so to find out what happens to my funds, LOL!
Maybe we get an an official PR. In their last fillings they were selling up to 8Mil of their securities, must need the funds for something interesting.
whT happened here?
https://www.otcmarkets.com/stock/ULURD/security
03/23/2020 Reverse 1.0:10000.0 — 03/23/2020
1-10,000 R/S immediately followed by a 1,000-1 F/S
03/23/2020 Forward 1000.0:1.0 — 03/23/2020
06/30/2011 Reverse 1.0:15.0 — —
12/22/2003 Forward 3.25:1.0 12/19/2003 12/19/2003
01/30/2002 Reverse 1.0:200.0 —
Its sunday and most traded on friday gl
03/20/2020 12:15:53
Reverse Split followed by Forward Split/CUSIP Change
03/23/2020 00:00:00
ULUR
Uluru Inc. Common Stock New
Other OTC
Comments
1-10,000 R/S immediately followed by a 1,000-1 F/S. Shareholders who own less than 10,000 shares pre-split will be cashed out at a rate of $0.10 per share on a pre-split basis.
Thank you for FINRA link @Renee
ULUR: 1-10,000 R/S immediately followed by a 1,000-1 F/S. Shareholders who own less than 10,000 shares pre-split will be cashed out at a rate of $0.10 per share on a pre-split basis.
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
I guess we’ll all find out on the 23rd.
Only those with less then 10k shares are getting bought out for 10c.
Those who have more we take part in the Reverse and Forward split.
So if i have 30,000 shares after the R/S I’ll have 3 Shares and then F/S to 3000 Shares.
The monetary math on this one eludes me as I’m sure it has to take current stock value into consideration and possibly the valuation of a new company entering this one?
If not the only thing I see happening is the current stock value going up x10 and our shares coconut down by the same amount.
Hopefully someone here can clarify.
suppose someone has 300,000 shares what happens?
Are they all getting bought for 10 cents?
Is this company no longer going to trade next week?
Are they delisting and going private?
I don't see how the one thing has to do with the other one. There is the buyout at 10 cents presplit. What I was saying is that when your stock is at 09 and you do a 1-10k RS and immediately do a FS of 1.1000 it will end up at 009. The price of the stock. Now that has nothing to do with the 10 cents buyout presplit. Not saying anything against that.
Please explain your math... the share value cannot become 009 when their buying out anyone with less the 10k shares at 10c a share.
I have held this stock for many years and now I look and it's trading up on high volume. Can some explain to me why it's up today?
I don't see any news
What are you talking about? There will first be a RS of 1-10000 and then the forward split. Right now the price with both splits factored in would be 009 once all is said and done.
What are you talking about? There will first be a RS of 1-10000 and then the forward split. Right now the price with both splits factored in would be 009 once all is said and done.
For those holding under 10000 pre-split.... what happens to those holding more then 10k shares pre-split?
And today we have one.
yep these type of plays used to be norm ages ago remember playing them on tgl board, blast from the past.
Adjusted PPS is .35 with forward split factored in, that's where this should go right now.
GLTA!
The forward split part is going to give people a TON of shares. This could go parabolic here.
Distribution/Payout is .10 per share!
https://otce.finra.org/otce/dailyList?viewType=Dividends%2FDistributions%2FSplits
GLTA!
Lol 2019 still a lil piggy
ULUR~~Institutions Holding Shares4% Held by Institutions2.14%
ULUR~~Shares Outstanding 76.3M
ULUR~~Address
4452 Beltway Dr
Addison, TX 75001-3705
Phone: (214) 905-5145
Fax: (214) 905-5130
http://www.uluruinc.com/
ULUR~~Float 33.5M
Velocitas Partners LLC has filed a new activist 13D, reporting 76.7% ownership in $ULUR - https://fintel.io/so/us/ulur
$ULUR setting up for a bullish move.
Wondering if this can bounce or get back to some of those glory days of AMEX? Only 6k in revs ouch....
$ULUR still bullish. How generous of the mm's to bring this down to loading prices again for the next pop.
Hopefully, more positive news coming out.
Like Cramer was saying the other night. There are a lot of company stocks worth more than what most people might think and I believe this one is one of those worth more.
Great Job ULURU. Keep up the good work.
Good potential to reach .50 here if not more, IMO.
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ULURU Inc. is an emerging specialty pharmaceutical company focused on the development of a portfolio of wound management, plastic surgery and oral care products to provide patients and consumers improved clinical outcomes through controlled delivery utilizing its innovative transmucosal delivery system and Hydrogel Nanoparticle Aggregate technology
Contact information:
ULURU Inc.
4452 Beltway Drive
Addison, TX 75001
Tel: (214) 905-5145
Fax: (214) 905 5130
Website : www.uluruinc.com/
Stock Information:
Exchange : AMEX
SEC Filings : sec.gov/cgi-bin/browse-edgar
O/S : 65,582,532 as of March 16, 2009
Transfer Agent :
Continental Stock & Trust Co
17 Battery Place
New York, NY 10004-1123
Tel: 212-845-3212
Fax: 212-616-7616
Product Information:
www.altrazeal.com/
www.uluruinc.com/aphthasol.htm
The Wound, Ostomy and Continence Nurses Society (WOCN), St. Louis, MO, Jun 6-10
New Cardiovascular Horzizons, New Orleans, LA, July 9-12
American College of Foot & Ankle Orthopedics & Medicine (ACFAOM), Orlando, Florida, July 9-12
American Podiatric Medical Association (APMA), Toronto, CAN, July 30 - August 3
Symposium on Advanced Wound Care (SAWC) II, Wash DC, Sep 15-18
Diabet Limb Salvage, Wash DC, Sep 22-25
Clinical Symposium on Advances in Skin & Wound Care (CSASWC), San Antonio, TX, Oct 21-25
VA Podriatic Meeting, Nov
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