Replies to post #961 on Ocean Rig UDW Inc. (ORIG)

[Wildbilly]

90m shares being districted with prejudice :)

(click to enl)



The previously announced Scheme of Arrangement for Ocean Rig UDW Inc. (ORIG) is expected to become effective at 5:00PM, today Thursday, September 21, 2017. In conjunction with the effectiveness the outstanding shares of common stock will be exchanged on a one-for-nine thousand two hundred (1-9200) basis and the company will issue approximately 90,651,799 new shares of common stock on a post-split basis

http://www.nasdaqtrader.com/TraderNews.aspx?id=ECA2017-26




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[ernie44]

630,000 x 9200 = 5.9 b.... too much---- nov 3 --the big revival date