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Re: CLOUD99 post# 17417

Monday, 03/13/2017 11:28:18 PM

Monday, March 13, 2017 11:28:18 PM

Post# of 61601
A reverse stock split is a corporate action in which a company reduces the number of shares it has outstanding by a set multiple to increase stock value for up listing to a higher exchange. This is the opposite of a stock split, in which a company increases its outstanding shares by a set multiple for raisings funds and or increase dilution. ICLD ..!!