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Re: buccaneer1961 post# 28012

Friday, 12/24/2010 12:53:29 PM

Friday, December 24, 2010 12:53:29 PM

Post# of 49606
YCKM: Roundup Conversion Chart

Here's a good conversion table for this roundup conversion

Before R/S...Cost of 101 shares...Price after R/S...100 shares after
.15.................@.15......$15.15....$30.00..............$3000
.10.................@.10......$10.10....$20.00..............$2000
.09.................@.09......$9.09......$18.00..............$1800
.08.................@.08......$8.08......$16.00..............$1600
.07.................@.07......$7.07......$14.00..............$1400
.06.................@.06......$6.06......$12.00..............$1200

Roundup, no one ends up with less than 100 shares...with stockholders who would receive a fractional share to receive such additional fractional share as will result in the holder having a whole number of round lot 100 shares.

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