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legaltips

06/28/11 7:57 AM

#6508 RE: SOUTHGAS #6507

SouthGas i have this stock as well, just in it b/c of the product. In all cases, the beneficiary of reverse split activity is the management of the company performing the reverse split. Shareholders may or may not benefit depending on the specifics of the reverse split. We will have less shares. Follow

1000000sh X .10 = 1,000,000 dollars

R/S 1:10

100000sh X .10 = 10,000 dollars

Even if the r/s stock went up it would have to go along way to = 1,000,000

I'm crossing my fingers too.

Go SNDY. GLTA