MAQC is hosed I think guys - anyone who got less than 48 shares...no clue how I missed that in the def14c, but its right there, black and white and I only just noticed!
The reverse stock split, when implemented, will not change the par value of our common stock nor change the number of authorized shares of our common stock. Except for any changes as a result of the treatment of fractional shares, following the reverse split, each stockholder who owns 48 or more shares will hold the same percentage of common stock outstanding immediately following the reverse stock split as such stockholder did immediately prior to the reverse stock split.
Also spelled out in the DTC instructions...
