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ceridweneve

01/08/09 9:27 AM

#7264 RE: dannie30 #7263

Yes 5000 to 1 reverse split.If you had 100,000 shares you now own 200 shares of Santana Mining.Whatever that is.

jbrocht

01/10/09 4:47 AM

#7269 RE: dannie30 #7263

I sent a complaint to the SEC about this.
1. Where was my proxy?
2. How does a ball bearing company suddenly become a mining company. I didn't do my homework on a mining company...

I haven't heard anything back yet.

I filed a similar complaint for SIRI (heard about the recent split vote after the fact, no proxy despite being a LT shareholder of record). They're supposed to forward the company's response, and also advised me to investigate sueing them.

If anyone feels like initiating a class action, I'm game!


BTW I wish I had Lowspark's "legal-ese" when I filed my complaint:

Disruptive Corporate Actions — The security or issuer is the subject of corporate actions, such as reverse mergers or serial stocks splits and name changes, without adequate current information being publicly available.

Unsolicited Quotes — The security has only been quoted on an unsolicited basis since it entered the public markets and the issuer has not made adequate current information available to the public.

Other Public Interest Concern — There is, in Pink OTC Markets' view, a public interest concern.

L-TRAIN

03/09/09 8:47 PM

#7312 RE: dannie30 #7263

Dump your reversed shares here!! You got ten cents on the bid it will be better than the penny bid your about to see.