SFLMaven Corporation (SFLM)

[Cassandra]

The transfer agent will be issuing new stock to replace the old which will likely take a week or more. Once your broker receives your replacement stock, you can sell. Of course the number of new shares you receive will be divided by 200. For example, if you had 100,000 shares before the split, you will receive only 500 shares of the new stock.

The new stock has the ticker of DNADD for 20 trading days and then will return to the DNAD ticker.

Companies are supposed to give at least 10 days advance notice of such actions but PKs almost never do The only penalty is that they pay more for FINRA to process a non-timely notice.

By delaying the processing of the split, former shareholders aren't able to exit for a week or more, By that time the share price is often well below the original split-adjusted price.