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Replies to #12993 on Reverse Splits

Slojab

03/30/20 6:09 PM

#12997 RE: ernie44 #12993

If you love big R/S, this one's for you.

BRK Announces Reverse Split
PR Newswire
HENDERSON, Nevada, March 30, 2020
HENDERSON, Nevada, March 30, 2020 /PRNewswire/ -- BRK, Inc. (the "Company") (OTC: BRKK) the Company wishes to inform its shareholders that today, BRK Inc. filed a proposed reverse stock split in the State of Nevada. Important details are as follows:
The ratio for the reverse split is 1,000,000:1
No individual Shareholder will have less than 100 shares post reverse split. For example, an individual with 200,000 shares would have 100 shares post reverse split despite the ratio of 1,000,000:1 driving an adjusted r/s share amount of 0.2 shares.
The calculation for allocation of post reverse split shares is to be effectuated based on Shareholders of record as of March 30, 2020.


If it's true, that is.