InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,563.53
(
0.99%
)
US TECH 100
19,843.60
(
1.03%
)
Dow Jones
39,344.89
(
0.09%
)
Brent Oil
86.45
(
-1.01%
)
Bitcoin
56,483.14
(
-0.87%
)
Post# of 53
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

dickmilde

Send PM Follow Ignore
Followers 40
Posts 8014
Boards Moderated 0
Alias Born 12/31/2004

dickmilde

Re: None

Sunday, 11/29/2009 3:42:38 PM

Sunday, November 29, 2009 3:42:38 PM

Post# of 53
Does anyone know...

Why the company did a stock split ???

"On December 21, 2007, the company approved a stock split wherein the number of authorized common stock with a par value $0.001 was to be increased on a two for one basis. The above prices have been adjusted for the forward stock split."

http://sec.gov/Archives/edgar/data/1306046/000137521509000003/aepw10k08.htm

This is a sure signal by the company in that it is not interested in being listed on any major exchange. If they continue to split shares at such a low stock price they will be on the bulletin board forever. Why do they want to be a "penny stock " company... No way to attract major investors.

Dick Milde
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

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