VVDL, Record date is aug 10th. May not work if you didn't own wed 8/5/09 or before.
The Board of Directors of Vivid Learning Systems, Inc., a Washington corporation (the “Company” or “we”), (the “Board”) unanimously adopted resolutions to amend the Company’s Articles of Incorporation (the “Articles of Incorporation”) to effect a reverse stock split of the Company’s no par value common stock (“Common Stock”) followed immediately by a forward stock split of the Common Stock (the “Reverse/Forward Stock Split”) as of August 10, 2009 (the “Record Date”). The resolutions adopted by the Board give us the authority to file Articles of Amendment to the Articles of Incorporation (the “Articles of Amendment”). The Articles of Amendment will be filed with the Secretary of State of the State of Washington on or after August 27, 2009 and will become effective immediately thereafter (the “Effective Time”). As a result of the Reverse/Forward Stock Split, as described in more detail below, shareholders owning fewer than 1,000 shares of our Common Stock will be cashed out at a price of $0.60 per share, and the holdings of all other shareholders will remain unchanged.
