InvestorsHub Logo
Followers 0
Posts 15
Boards Moderated 0
Alias Born 11/19/2012

Re: None

Wednesday, 12/05/2012 8:26:22 AM

Wednesday, December 05, 2012 8:26:22 AM

Post# of 112520
Santo Mining legal counsel has submitted a 2-1 forward split of the Company's common shares to FINRA. The action will split the Company's issued and outstanding shares of common stock, such that each authorized issued and outstanding share of common stock shall be reclassified and changed into two (2) shares of Common Stock. The Company believes that the forward split is in the best interests of the Company and its stockholders.
The forward split is subject to the approval of FINRA and the decision to file the 2-1 forward split is intended to make the price of the stock more accessible to a larger percentage of the investment community.
"We have seen our Company grow and together with this growth we have seen the price of our shares rise. To reflect our continued growth and anticipated revenue, we want to allow our shareholder base to grow and to be more diverse," reports Al French, CEO of Santo Mining.
Further information on the Company and its filings can be found at www.sec.gov

This was posted on 11/14 and if you go to the site mentioned in the last sentence it still shows no filing and the last company that I just saw do a split took only 2 weeks from the announced filing, just wondering what is normal???
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SANP News