Thanks for the response. I kinda figured the same. They're claiming the same day they filed certificates of amendment with the State of Delaware Secretary of State for the reverse/forward split(March 19) is also the same day the reverse split/forward split was effected.
On March 19, 2020, at the direction of the Board, the Company filed certificates of amendment to the Company’s Charter, at which time (the “effective time”) a stockholder of record owning immediately prior to the effective time fewer than a minimum number of shares, which, based on the Stock Split Ratios chosen by the Board, was 50 (the “Minimum Number”), became entitled to a fraction of a share of common stock upon the Reverse Stock Split and will be paid cash in lieu of such fraction of a share of common stock, on the basis of $30.00,
The Company filed certificates of amendment to the Company’s Amended and Restated Certificate of Incorporation with the State of Delaware to effect the reverse stock split, followed immediately by the forward stock split, both effective on March 19, 2020.
Maybe I'll keep the shares I bought on Friday to see what happens. I'm still curious why my Firstrade.com account is keeping the shares of PKDC I purchased before March 19, seperate from additional shares I bought on Friday March 20. Yet I can still trade the pre-March 19 shares as normal. lol.
