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News Focus
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StockWatcher

10/18/10 12:12 PM

#1489 RE: StockWatcher #1488

One other thing, if you are with Scottrade, then you have to call in to purchase this stock. It is on the restricted list. That is the only one I know about, not sure about TD Ameritrade or any other one. GLTA :-)
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ITSimple

10/18/10 12:15 PM

#1490 RE: StockWatcher #1488

From todays PR.

"We have contracted with Broadridge Financial Solutions, Inc. to advise all shareholders and their brokers every action taken regarding the Corporate Action to buyback 99% of the Common Shares. We have also advised all other shareholders via mailing and public press releases each step of the way during the implementation of this Corporate Action, and have communicated and explained to the responsible authorities the outcome of this Corporate Action. We strongly believe that the Company's Market Capitalization will now be adjusted per the above mentioned Market Capitalization Table.

So the brokers will receive notices this week of the share reduction. As of right now they still believe there is 43 billion O/S. Don't forget your shares will be reduced by 100 to 1. So this will probably still take 2 weeks to be resolved at the brokers end.
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Mango

10/18/10 12:23 PM

#1491 RE: StockWatcher #1488

They need to reduce the A/S to incite a huge run IMO

GLTA

:-)