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Re: 72chevnj post# 25169

Wednesday, 03/27/2013 4:50:59 PM

Wednesday, March 27, 2013 4:50:59 PM

Post# of 194820
But in the PR, they use both "dividend" and "forward split". Which is it? This is not a cash dividend on profits, this is a forward split adding 20% to the float going directly to current shareholders. Not dilution in the normal sense but still adding shares.

Board of Directors has approved a one share dividend for each five shares of common stock of the Company, which is a 1.2:1 forward split or a 20% stock dividend.

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y