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Is no one playing the forward split on ISIM?

Insight Management Announces Forward Split of Shares
Tuesday 10/27/2009 7:05 AM ET - Market Wire

Related Companies
Symbol Last %Chg
ISIM 0.20 17.65%


Insight Management Corporation (OTCBB: ISIM) announced that its board and the majority of shareholders have approved a one-to-seven forward split of the Company's common stock. The effective date for this forward split has been set for the shareholders of record on the close of business, November 1, 2009, pending any regulatory issues. Each shareholder who holds common stock will be entitled to receive 7 shares for every one share held.

President and CEO Jennifer Rapacki commented, "We are very confident in the near term growth opportunities in the natural gas industry and the company's future operating results. The purpose of this stock split is to enhance liquidity and our ongoing efforts to build long-term shareholder value."