DD Support Board and Research Team

[Jommeke]

TRDY - Reverse split

On September 19, 2011, in an action without meeting of the Board of Directors taken pursuant to W.S. 17-16-1020, the Board of Directors of Trudy Corporation authorized a reverse split of all of the issued and outstanding shares of the Common Stock of the corporation, at a ratio of 1 new share for 1,500 old shares.

http://tiny.cc/emv69

It strikes me that you in your previous study talks about "On February 18, 2011 there were 1,650,862,912 outstanding shares"

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65495379

In the above filling they say "the effect of the reverse will be to reduce the total number of shares of Common Stock outstanding from 649,400,831 to 432,934."

They hide something or where does this difference come from?

What are their intentions with this split? Another round of dilution maybe?