Replies to post #27467 on Rock Creek Pharmaceuticals Inc. (fka RCPIQ)

[LutherTiggs]

I agree with you that the 2 cent floor also applies (proportionally to reverse split - aka $2 floor if 200:1 reverse split). But how long does the floor remain in place?...I thought only until Aug 12?

[idcc2006]

Hey, $0.02 times 200 is $4, not $2.

By the way, they have been keeping the stock price around/below a penny to justify maximum ratio for the split, which is 1:200.