News Focus
News Focus
Followers 843
Posts 122977
Boards Moderated 9
Alias Born 09/05/2002

Re: rusbrn post# 24158

Tuesday, 03/10/2009 1:57:33 PM

Tuesday, March 10, 2009 1:57:33 PM

Post# of 57919

The authorized share count does not shrink with a reverse split but remains the same

True; however, a reverse split requires authorization via a shareholder vote (unless such authorization has already been granted), so it is just as cumbersome to implement as directly increasing the limit on the authorized number of shares, which also requires a shareholder vote.


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today