PNCH has done 3 Reverse splits in the last 7 years. Diltuion is the name of the game here. Security Notes Capital Change=shs decreased by 1 for 10 split Pay date=05/22/2007. Capital Change=shs decreased by 1 for 30 split Pay date=07/07/2010. Capital Change=shs decreased by 1 for 100 split. Ex-date=03/27/2014.