InvestorsHub Logo
Followers 182
Posts 51398
Boards Moderated 10
Alias Born 12/20/2004

Re: None

Friday, 10/06/2006 11:16:24 AM

Friday, October 06, 2006 11:16:24 AM

Post# of 221870
morning, just found this little ditty while researching...
this supports my speculation of reverse splits in this company's future....

Item-->
Consumers Financial Continues to Move Forward Toward Bulletin Board Listing
CEDARHURST, N.Y., Aug. 23, 2006 (PRIMEZONE) -- Consumers Financial Corporation (Pink Sheets:CFCJ) today announced that it is continuing in the company's transition strategy to move from the Pink Sheets to the OTCBB and is beginning the process of filing for reinstatement to the Over the Counter Bulletin Board.

As part of that process, Consumers has effectively cancelled all Preferred and/or Convertible shares that were issued in the past.

Companies have and do cancel common as well... new name no old shares... this is why I'm watching closely to time gwgo's r/s action.... SPEC:: It will happen.

glta

S5

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.