It seems LASV filed a request with SEC a several weeks ago to do a 1/5 reverse split, but claim they didn't know SEC had approved it and have posted it on the .... OTC BULLETIN BOARD (OTCBB) SYSTEM CHANGES - 01/23/2001
NAME/SYMBOL CHANGES Updated Date Old Symbol Old Name New Symbol New Name
This was a surprise to everyone , but it may be their thinking it will attract European buyers if it is priced around $2.00 or so. I have not found that a reverse split helped the shareholders , but time will tell. I for one am disappointed that the company did not give us a warning.
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