You did see this right? The r/s hasn't been deemed effective yet, not on the Daily List yet since the June 18th date, but I would reckon any day now...the r/s is not the worst I've seen so might be a good play anyway, good luck.
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REVERSE STOCK SPLIT
On June 18, 2009, the directors adopted, and the shareholders approved, proposals to amend the Company’s Certificate of Incorporation to effect a 10-to-1 reverse stock split, and to amend the Company’s Certificate of Incorporation to decrease the Company’s total number of authorized shares from 999,999,000 shares to 400,000,000 shares, all of which shall be common stock, par value $.00001 per share. On July 21, 2009, a Certificate of Amendment to the Company’s Articles of Incorporation was filed with the State of Delaware reflecting the reverse stock split and the reduction in authorized stock. The Company has applied for a new CUSIP number and, when that new number is assigned, the reverse split will be effective.
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