PAO Group Inc (PAOG)

[rca]

Did the forward split of CCDE ever occur? According to him, it makes the company more liquid (so he can start his share printing schemes promptly).

(December 2005) Concorde Resources Inc (OTC: CCDE) today announced that its Board of Directors has approved up to a "five for one" forward stock split on its common stock, subject to majority shareholder approval of an amendment to the Company's memorandum of association to increase the authorized share capital of the Company by the creation of additional authorized common shares. A special meeting of Concorde majority shareholders is tentatively planned for the first quarter of 2006.

Paul Taylor, Concorde's chairman, commented on the stock split, "Our Board's decision to initiate a forward stock split is a direct indication of our confidence in both the near and longer-term outlook for our business. We also believe that this action will serve to provide added liquidity."