phalgm, this is a REVERSE SPLIT. If you bought 2000 shares or 250,000 shares, or 1 share, you will ALL have 500 shares post R/S.
250,000 divided by 500 = 500 shares.
2000 divided by 500 = 4 shares, which round up to 500 shares.
1 share divided by 500 = .002 shares which rounds up to 500 shares as no shareholder to be reversed under 500 shares.
Posted by: phalgm
In reply to: JJSeabrook who wrote msg# 158117
Date:6/1/2007 4:00:02 PM
Post #of 158132
Last SWNE question. Let say you bought 2000 shares @ .05 How would you go about selling those 2000 shares. Would you sell them at 500 blk increments or would you sell all 2000 at one shot. Just trying to figure if there is a strategic way of doing it. TIA - anybody.