Bonanza Oil & Gas, Inc.(fka BGOI)

[ctine2020]

Well if you look at the news on the site here it looks like they amended their articles of incorporation. Here is an excerpt:

The purpose of this information statement is to inform you that on December 3, 2009, the Board of Directors (the “ Board of Directors ”) of Bonanza Oil & Gas, Inc. (the “ Company ”) approved and recommended that the Company’s charter be amended (i) that the Company’s Articles of Incorporation be amended to increase the Company’s authorized shares of common stock to1,500,000,000 shares from 60,000,000 which will be increased to 120,000,000 shares on January 20,2010 (the effective date of a planned forward split)


So it looks like they did plan on splitting on the 20th, but I just find it odd that they didn't do anything further in the way of putting the word out there. Yesterday a board member called the TA and they had no idea about the split...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45446463

I'm still in this stock, but I'll be intrigued to see what sort of information is disseminated over the next 72 business hours.

Additionally, I'd love to know when they plan on dumping in upwards of 1+ billion shares on their shareholders. Ouch.