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Re: None

Tuesday, 05/22/2012 5:43:27 PM

Tuesday, May 22, 2012 5:43:27 PM

Post# of 42754
The wording on RS is evasive?It sounds like you the shareholder is to contact the transfer agent to straighten out the certificate?So if you have an account with a broker like Optionsxpress,aren't the reverse split shares supposed to enter your account the same exact day they will enter another person's account at Scott Trade or another broker?It sounds like some people won't get their reverse split shares the day trading opens up for them?In that case,you are at the mercy of the transfer agent and you might getyour reverse split shares 5 trading days later and buy then instead of being worth close to 20 cents a share,you might get 3 cents a share?Am I wrong on this one?

In other reverse splits I have been apart of,they go into detail how the new shares will enter into your brokerage account before the the trading of the new reverse shares trade the first day.