UAV Corporation (UMAV)

[cranberry71]

where they are trying to screw the original "no shareholder will be reduced below 500 shares" is here (at least this is what etrade tried to convince me of) ...

For every five hundred (500) shares of SWNE held pre-split, the beneficial holder now is entitled to one (1) post-split new share, however, the minimum number of shares that a pre-split shareholder will receive is rounded up to 500 (pre-split)shares, such that no shareholder shall receive a fractional share less then one share (as a result of the reverse split). In other words, ...

i'm not one of the veterans here, but i dont think i have ever heard of being rounded up pre-split, then reverse split, at least not in this fashion. its just their way of attempting to weasel out of an unexpected situation.