Monday, July 24, 2017 12:08:23 AM
Dozens of longs have verified with their brokers that once the DOLV ticker change occurs it will be a 1:1 transfer. DOLV shares will be transferred out and the new shares of our new ticker (maybe JBMY) will replace them at a one for one ratio. That is how my broker explained the process. Their system (Scottrade's) which is updated by the Depository Trust Company (DTC), showed the 1:1 ratio and the new name as JB&ZJMY Holding Company.
Call your broker and ask about the pending name and ticker change details.
1:1 means no reverse split.
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