nternational Safety Group Inc. (ISGI) (the "Company") announces that its board has approved a reverse stock split at an exchange ratio of 100 for 1. The number of authorized shares of common stock was also reversed at the same ratio. The reverse stock split will be effective at the opening of trading on Thursday, October 10, 2013.
Shares Outstanding 36,537,564 a/o May 07, 2013
Authorized Shares 225,000,000 a/o Jan 16, 2013
As of Oct 10, 2013
Shares Outstanding 365,000
Authorized Shares 2,250,000
Float around 50,000
What gives with that