InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,240.03
(
1.04%
)
US TECH 100
17,808.00
(
1.29%
)
Dow Jones
38,997.66
(
0.76%
)
Brent Oil
77.27
(
1.64%
)
Bitcoin
57,468.41
(
2.53%
)
Post# of 35337
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

allnumbers

Send PM Follow Ignore
Followers 5
Posts 1560
Boards Moderated 0
Alias Born 08/09/2006

allnumbers

Re: Nigel Tufnel post# 10073

Wednesday, 01/31/2007 10:37:21 PM

Wednesday, January 31, 2007 10:37:21 PM

Post# of 35337
The reason stated by Torvec's Board of Directors was:

"The board believes that events may materialize and circumstances may dictate that it would be in the best interest of the company’s shareholders for the board to declare one or more common stock dividends or common stock-splits. In addition, the board anticipates that upon the happening of a commercializing event, the company will list its common stock on a national securities exchange or NASDAQ. Upon such listing, the company will need a significant number of additional common shares in order to create greater liquidity and attract institutional investors."

http://app.quotemedia.com/quotetools/showFiling.go?name=TORVEC%20INC:%208-K,%20Sub-Doc%201&link=...

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

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.

Sign Up