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Friday, 10/19/2012 1:28:43 PM

Friday, October 19, 2012 1:28:43 PM

Post# of 43778
RE: 30 mil RESTRICTED shares for purchase of a $40 mil property. $1.33 PPS FOR THE PROPERTY

What happens if the company does a r/s to bring the pps up for the sale of restricted shares? Why would they do that?

No idea, because the restricted shares will be treated the same as shares in the float. "When a reverse stock split occurs, the value of your restricted shares will increase, but the number of shares you own will decrease."

Read more: Reverse Stock Split Effects on Restricted Shares | eHow.com http://www.ehow.com/info_8360411_reverse-split-effects-restricted-shares.html#ixzz29lYi9FU0