Wednesday, September 10, 2008 10:54:30 PM
Proxy vote form:
PROPOSAL NO. 2: INCREASE AUTHORIZED CAPITALIZATION
To amend our certificate of incorporation to increase our authorized number of common shares to 300,000,000 and our authorized number of preferred shares to 30,000,000.
http://sec.gov/Archives/edgar/data/810365/000081036508000026/sgnproxystatement2008def3fin.htm
but today a notice is giving for a reverse split
Without a proxy vote I take it and immediately after there is an authorized increase in shares.
LOS ANGELES, Sept. 10 /PRNewswire-FirstCall/ -- Signalife, Inc. (Amex: SGN - News) announced that the company's board of directors has approved a consolidation of the company's common stock to be effected in the form of a reverse stock split which will be effected as of 4:30 p.m. EST on September 19, 2008, which will be the record date and time for the reverse stock split. As of such date and time of such reverse stock split, all outstanding shares of Signalife common stock will be consolidated into such number of shares as would result in a $45.00 per share stock price based upon the closing price for the common stock as of the record date.
http://biz.yahoo.com/prnews/080910/nyw068.html?.v=101
I am a bit puzzled myself!
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