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toddean2009

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toddean2009

Re: liable post# 194924

Friday, 09/11/2009 2:59:00 PM

Friday, September 11, 2009 2:59:00 PM

Post# of 346917
A Reverse Split doesn't have any effect on Authorized shares! "Hello, McFly.... are you in there?" You can only split Outstanding shares. Investopedia.com's Definition of a reverse stock split:

What Does Reverse Stock Split Mean?
A reduction in the number of a corporation's shares outstanding that increases the par value of its stock or its earnings per share. The market value of the total number of shares (market capitalization) remains the same.
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