InvestorsHub Logo
Followers 16
Posts 1243
Boards Moderated 0
Alias Born 03/06/2008

Re: Stock_Barber post# 100891

Wednesday, 02/17/2016 7:53:11 PM

Wednesday, February 17, 2016 7:53:11 PM

Post# of 141623
I know a company that did a R/S with less than 300 milliion shares. They did it to comply with regulations to uplist to a better Exchange. They did the R/S properly by reverse splitting everything. Outstanding shares and authorized shares. That's how you tell between a proper reverse split and one which just creates more shares to sell (reverse split the outstanding shares and not the authorized shares - rinse, repeat)