(EDITED) Yes, that does seem to be what they are saying...
"Also, any shareholder holding less than 100 shares post split shall be rounded up to 100 shares."
I assumed they meant the roundup would be to 100 PRE-SPLIT - crediting a full share.
This is the most bizarre R/S I have ever seen. This could either be really good for us - placing more shares in our hands - or it's a deal for Mr. Short.
EDIT: However, since Mr. Short will be 15,000,000 shares short AFTER the split - the only way he could use this to bail himself out is if he pretended to be 151,515 seperate accounts. Is that doable, by tomorrow?
LOL, I bet the lights are burning on Wall St. tonight...