Replies to post #2899 on Kun Peng International Ltd (KPEA)

[philitup23]

"The Name Change, Reverse Stock Split and Domicile Change will take effect at the open of business on July 12, 2017. The new symbol will be MLGTD. The “D” will be removed in 20 business days and the symbol will change to CXKJ."


Shouldn't that mean Tuesday, August 1st?

[tbirdman]

August 9th. Not trading right now. Ignore everything in the meantime (quotes are irrelevant)

I think this might just be sloppy messaging. Possibly the intent here is to say there is a 15 to 1 reverse split that gives you 1 share of $CXKJ for every share of fka MLGT (temporarily MLGTD) held. This should be finalized August 9th-ish (?) which is 20 biz days after MLGTD ticker posted.

www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12171558