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Re: rbl100 post# 167510

Wednesday, 02/13/2008 5:02:48 PM

Wednesday, February 13, 2008 5:02:48 PM

Post# of 285925
From their DEF 14c:

At the time of the Reverse Split, holders of outstanding shares of Common Stock will receive one share of post-Reverse Split Common Stock for each 86.3035 shares of pre-Reverse Split Common Stock held as of the close of business on the Record Date. No fractional shares of Common Stock will be issued in connection with the Reverse Split. All fractional share amounts resulting from the Reverse Split will be rounded up to the next whole new share. In connection with the Reverse Split, the Company’s Board of Directors, in its sole discretion, may provide special treatment to shareholders to preserve round lot holders ( i.e ., holders owning at least 100 shares) after the Reverse Split. The terms and conditions of special treatment afforded to the Company’s shareholders to preserve round lot shareholders, if any, including the record dates for determining which shareholders may be eligible for such special treatment, will be established in the discretion of the Board of Directors.

Didn't play this one.

Best regards,
JL




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