OPLO has not existed since the filing to reduce the A/S. Most investors knew we would be Securus Energy for some time. I do not believe anyone here, including myself, thought we would see a R/S with 250 million A/S. I am still trying to figure out what Steve is thinking.
When a RS takes place you still will hold shares in the company...take your current shares and divide it by 250 and that is how many shares of the new symbol you will have in your account. The stock will open at 250 times the closing share price today (bit you will have 1/250th of the shares that you have today).
Depending on your broker you may not be able to trade the shares for 3 days or so...and some brokers charge a "reorganization fee" of 20 buck or so...
99% of the time RS's turn out bad as it gives the stock further to fall, particularly if they do not reduce the AS...which means the company has a lot of shares that can dilute...
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