Splits Oblivion Survival(SOS)

[ficose]

CYCC dumping low share investors!

As a result of the reverse stock split, every seven shares of common stock issued and outstanding prior to the opening of trading on August 27, 2012 will be consolidated into one issued and outstanding share. The reverse stock split reduces the number of issued and outstanding shares of common stock from 59,009,553 shares to 8,429,936 shares. No fractional shares of common stock will be issued as a result of the reverse stock split, and any fractional shares will be paid in cash. Proportional adjustments will be made to Cyclacel's outstanding warrants and stock options. The Company's authorized shares will remain unchanged.

This will clear the riffraff and really piss a few people off! It'll drop like a rock and I'll set my entry for 40% down - just wait for reversal! Wish $CGFIA did this, but noooo, they just felt the urge to just round up - most of those investors are going to see a free partial share. Shoot, there might not even be a downswing on that one. Glad I have CYCC to play with!