BONUS 25% STOCK DIVIDEND :-
The Company is paying a 25% "Bonus" Stock Dividend to its shareholders of "Record", that being January 31, 2006. These "Bonus" Stock Dividend" shares will be electronically credited to shareholder Stock Brokerage accounts on February 6, 2006. Shareholders who hold shares in certificated form will receive their "Bonus" Stock Dividend Share Certificates by post
They (or he) are being very cagey about calling anything a reverse split. Splitting stock with subs may actually be a type of reverse split. When's the next monday holiday, that's seems to be the r/s technique of choice, announcing r/s last minute on a friday before a monday holiday.
S5