Reverse Split Round Up Share Plays

[guerro]

sidedraft is talking about this part of the original SEC filing:

This tender offer is available only to those record stockholders and beneficial owners of the Company's Common Stock that owned 100 shares or fewer (i.e., odd-lot stockholders) as of May 7, 2008, the record date, and continue to own such Shares on the expiration date of the Offer.

and no, that part wasn't changed.


A question I have is what happens to shareholders with > 100 shares after they go private? They're kinda screwed, huh?