Replies to post #3959 on Reverse Split Round Up Share Plays

[Phoenix-Rising]

lol. ill just buy 151 to be sure

[JimsZ]

Says this on their filing


On September 28, 2007, our board of directors unanimously adopted, and shareholders holding a majority of the voting rights of our capital stock approved,a resolution to effect a reverse stock split at a ratio of 1-for-150, in which all of the issued and outstanding shares of our common stock, referred to as “old common stock,” will be combined and reconstituted as a smaller number of shares of common stock, referred to as “new common stock,” in a ratio of one (1) share of new common stock for one hundred and fifty (150) shares of old common stock. We will round up any fractional share of new common stock issuable in connection with the reverse stock split. Our articles of incorporation will retain our authorized shares of common stock at 100,000,000 shares, and there will be no change in the par value of the common stock. The reverse stock split is anticipated to be effective on the date and time specified in the Charter Amendment.


So basically they round UP to 1 share, then round up to 100 shares!