InvestorsHub Logo
icon url

janice shell

06/06/06 6:51 PM

#8196 RE: flantonio2005 #8193

but its not a reverse split its a bond they are using to buy back the stock. Its my understanding that it is 100% allowed.

Otherwise known as a form of tender offer. If she wants it to be a tender offer, then she has to make it a tender offer.

If she wants to reduce the size of the o/s by 90% "automatically", she has to file to do a reverse split.

She can't just take stock out of your account because she feels like it.