InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,745.37
(
0.40%
)
US TECH 100
19,540.00
(
-0.20%
)
Dow Jones
42,175.11
(
0.62%
)
Brent Oil
71.41
(
0.64%
)
Bitcoin
65,918.22
(
1.13%
)
Post# of 173940
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

michael t

Send PM Follow Ignore
Followers 34
Posts 1800
Boards Moderated 0
Alias Born 08/24/2005

michael t

Re: wadegarret post# 117204

Wednesday, 08/12/2009 11:21:01 AM

Wednesday, August 12, 2009 11:21:01 AM

Post# of 173940
wade re:CMTP

The preferred share conversion was adjusted from a rate of 1 for 1 pre-split to 10 for 1 post split. Therefore, the preferred shares convert to roughly 750,000 common shares.

I contacted the company to clarify this matter, but I wish the Company would issue a press release regarding the preferred share conversion because there seems to be a lot of confusion among investors.
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up