Hope you're right. I had a mere 150,000 shares I was holding from .0019 (basically worthless). As soon as I heard of R/S this afternoon I sold all my shares ASAP. (R/S and taxes are a real nuisance, rather sell before hand).
Thought I'd seen everything but a 1 for 100,000 REVERSE SPLIT? Does the company have any shame?
One other comment regarding the round-up shares...don't look for that 100 shares to show up in your account right away. It could take a number of days before those round-up shares will show up. Check your account before the bell every morning. The first hogs to the trough to get their 100 shares and dump'em are often the only ones that comes out the big winners. Occasionally one of this will dip way down and then recover to some degree. Safest bet it to not bet on that, at least IMHO.
I have no dog in this hunt. Wish I'd seen this in time to know it was a round-up play. I started the Reverse Split Round Up Share Play board in 2007. http://investorshub.advfn.com/boards/board.aspx?board_id=9426 You might go read there for some info. I haven't posted there in a long time but folks still post there occasionally.
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