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satelliteguy

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satelliteguy

Re: bimlake34 post# 8055

Friday, 04/11/2014 9:57:09 AM

Friday, April 11, 2014 9:57:09 AM

Post# of 8719
They are only describing the reverse split. A 2:1 forward split is equivalent to a dividend of one new share for every share held. This is the opposite - in effect, the loss of half a share for every share held as of the ex date.
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