Reverse Split Round Up Share Plays

[sbbi]

Did anyone play the roundup of CXDC? would it be a valid/profitable play?

"In connection with the merger and pursuant to Nevada Revised Statutes Section 78.209, the Company has set December 31, 2008 as the effective record date for a reverse split of 124.1 for 1 to reduce the total number of issued and outstanding shares of common stock. The total authorized shares of common stock will be reduced proportionately accordingly as well. The record holders of the Company's common stock on the date of December 31, 2008 will have their fractional shares or shares numbering below one hundred shares post the reverse split to be rounded up to one hundred shares, with the round-up shares to be deducted from certain designated shareholders by the Company. Any holders of the Company's common stock after the date of December 31, 2008 will not be eligible for the round-up shares."

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