Next10, Inc. (NXTN)

[NYPharmer1]

no, divide what you owned by 300. Hence the split for every 300 shares you have, converts to 1 NXTN share.

When trading is active again, it will reflect .0065*300=$1.95 pps

Ideally there's no fundamental change in stock value

but psychologically it results in people selling b/c of the supposed decrease in # of shares.