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Re: End Game post# 2169

Wednesday, 08/29/2012 9:50:19 AM

Wednesday, August 29, 2012 9:50:19 AM

Post# of 2246
So what is the float now???
"In addition, the Company also announced a 1-for-500 reverse stock split of the Company's issued and outstanding Common Stock, or the reverse stock split. As a result of the reverse stock split, every five hundred shares of Common Stock issued and outstanding prior to the opening of trading on August 29, 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 55,159,102 shares to approximately 110,318 shares."

Is it the 110,318 shares not held by the major players?

"As a result of the restructuring, the Company now has 2,619,143 shares of Series J Stock outstanding and 2,173,272 shares of Common Stock outstanding, or a total of 10,679,466 shares of Common Stock on a fully-diluted basis."

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