ORIONS Money Stocks

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PGRX- Correct, they did a 50:1 R/S in Sept 2013

Prospect Global Resources Inc. (NASDAQ: PGRX) (“Prospect Global” or the “Company”) announces that its board and shareholders have approved a reverse stock split at an exchange ratio of 50 for 1. The number of authorized shares of common stock will not change. The reverse stock split will be effective at the opening of trading on Wednesday, September 4, 2013. The common stock will continue to trade on the Nasdaq National Market under the same symbol (PGRX).

When the reverse stock split becomes effective, every 50 shares of issued and outstanding common stock will automatically be combined into one share of issued and outstanding common stock without any change in the par value per share. Stockholders will not receive fractional post-reverse stock split shares in connection with the reverse stock split; fractional shares will be rounded up