Replies to post #12617 on ZA Group Inc (ZAAG)

[janice shell]

No screwup. What they're doing is quite common: first a big r/s, to wipe out most shareholders, and then a forward split to provide some liquidity.

No doubt as soon as the r/s is complete, they'll file to suspend their reporting requirements on the grounds that they have fewer than 300 shareholders.

http://www.otcbb.com/asp/dividend.asp?sym_id=DGIA&dDate=12/12/2008&sDateType=Record_date