Lonestar re: effective date: The following is an exerpt from the full text of the filing:
The Forward Split of the Common Stock is expected to become effective on or about July ___, 2005 (the "Effective Date"). Upon the Effective Date, CESV will file a Certificate of Change with the Secretary of State of Nevada, a form of which is attached as “Exhibit A” to the resolution set forth as Exhibit 1 to implement an increase the number of authorized shares of common stock from 50,000,000 to 200,000,000. Under federal securities laws, CESV cannot file the Certificate of Change or the Certificate of Amendment until at least 20 days after the mailing of this Information Statement. Upon the Effective date, the Company will also notify the National Association of Securities Dealers and the NASDAQ National Market, requesting that the split be made effective on the Effective Date. The Forward Split will take place on the Effective Date without any action on the part of the holders of the Common Stock and without regard to current certificates representing shares of Common Stock being physically surrendered for certificates representing the number of shares of Common Stock each shareholder is entitled to receive as a result of the Forward Split. New certificates of Common Stock will not be issued.
Unless I'm reading this wrong, it appears that the effective date will be around mid-July???????
Anyone else feel free to correct me if I'm misreading this.
BTW - I think this is a very positive development. I'm happy to hear it.