InvestorsHub Logo
Followers 241
Posts 28533
Boards Moderated 0
Alias Born 07/08/2009

Re: bucks2pennies post# 48818

Friday, 05/01/2015 11:45:58 AM

Friday, May 01, 2015 11:45:58 AM

Post# of 120647
UNQT and that is what you call a Reverse Split...and that would be bad news for current shareholders....and you are right with the share structure does have a lot of OS...lets just hope that does not happen ...and also a reverse split does not have to accompany a reverse merger....and a reverse merger would be a good thing.

UNQT is basically a shell company with a LOT of O/S which need to also be reduced to enable the new company to start with a lower A/S and O/S. Grandfathered in owners of UNQT shares will have their existing shares appropriately reduced while the pps in the new merged company will likewise increase proportionately.


You got to be tough to be green in a pink world!!

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KGKG News