You are good to buy (not a recommendation by me), until finra comes out with a date that the stock will trade ex. However, the split not a certainty until it starts trading ex imo. Hopefully things go as planned. But one never knows for sure.
On December 28, 2010 the Corporation’s Board of Directors and shareholders holding 75.5% of the outstanding shares approved a seven for one (7:1 ) forward split of the Corporation’s common stock, par value $0.0001 per share. The forward split will be legally effective as of (30 days following the closing of the Agreement and Plan of Share Exchange ) and following FINRA approval, the market effective date for the forward stock split is anticipated to January 31, 2011 or such other date as approved by FINRA. As a result of the forward stock split, every one shares of the Corporation’s old common stock will be converted seven shares of the Corporation’s new common stock.
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