InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,483.86
(
0.96%
)
US TECH 100
19,457.60
(
1.51%
)
Dow Jones
38,809.98
(
0.57%
)
Brent Oil
83.78
(
2.01%
)
Bitcoin
66,998.95
(
0.54%
)
Post# of 12924
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

kindama

Send PM Follow Ignore
Followers 9
Posts 602
Boards Moderated 1
Alias Born 07/31/2013

kindama

Re: willy_dee13 post# 6002

Thursday, 10/15/2015 10:30:52 AM

Thursday, October 15, 2015 10:30:52 AM

Post# of 12924
AXN is connected to AOBI which owned about 24% of its shares. AOBI announced that it would execute a 1:500 reverse split in order to reduce the number of holders and go dark. The effective date for the split passed. AOBI shareholders never received the promised cash payout for fractional shares.

http://investorshub.advfn.com/American-Oriental-Bioengineering-Inc-AOBI-2602/

So I think you should approach any connected company with extreme caution.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up