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Re: cameron86 post# 55292

Wednesday, 04/27/2011 10:47:49 AM

Wednesday, April 27, 2011 10:47:49 AM

Post# of 79954
The last time I was involved with a company that did one. It was incorporated in Nevada and they post all corporate filling on there website realtime. The Friday before the split a filing was made to the secretary of states web site about 11:30 am. By one o'clock that day the stock lost 50% of its value. When the 250 to one split took effect the following Monday. The stock had lost 80%,of its previous trading days value. It is now on a sec trading restriction and is no longer traded . Those wo did not sell have for the most part lost all there investment...

Hope this information was informative.

Go PIHN!!!
Red

I think I coulda landed on a dime. I really do.
Evel Knievel

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