InvestorsHub Logo

GroundUp

05/31/07 4:26 PM

#133312 RE: Deewar25 #133309

i bought 100 and my TDwATERHOUSE Canada account shows 2shares of MAQC... i've read on ihub that some brokers have acknowledged the round up and that the company hasn't issued the round up shares as of yet. shrugs do you own DD but thats what i found.

rbl100

05/31/07 4:48 PM

#133327 RE: Deewar25 #133309

I do not think "percentage" is the same as "number of shares". The filing states that no shareholder received less than 100 shares of stock as a result of the 1:48 R/S.

No need to panic.....

Percentage is NOT the same as # of shares



SECTION 3--SECURITIES AND TRADING MARKETS

ITEM 3.03 MATERIAL MODIFICATION TO RIGHTS OF SECURITY HOLDERS.

On May 17, 2007, Marketing Acquisition Corporation, a Nevada corporation (the "Company"), effected a one-for-48 reverse split of its common stock, par value $0.001 per share, and the stock began trading on the new, post-split basis on May 18, 2007. In order to effect the reverse split, the Company filed a Certificate of Amendment to its Articles of Incorporation with the Secretary of State of the State of Nevada. Prior to the filing, the form of Certificate of Amendment was approved by a majority of the Company's stockholders and by the Company's board of directors.

The reverse stock split reduced the number of our issued and outstanding shares from 84,033,600 to approximately 1,750,700. No stockholder received less than 100 shares of our common stock as a result of the reverse stock split and any fractional shares issuable to any stockholder as a result of the reverse stock split were rounded up to the nearest whole share. As a result of the reverse split, the Company's trading symbol on the OTC Bulletin Board was changed to "MAQC.OB" on May 18, 2007.





ktcougar

05/31/07 8:23 PM

#133343 RE: Deewar25 #133309

This today from Schwab regarding MAQC:

"I spoke with our Reorganization Department, and they stated that there is always a delay with this type of reorganization, and may take several weeks before the shares are deposited into your account. We have also noted your account regarding the 100 share minimum. If you do not see the shares deposited into your account within the next two weeks, please contact us at the number below".


kt