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merle1283

10/20/11 1:44 PM

#5573 RE: rab813 #5572

Interesting new today.

Has anyone owned a penny stock that has been through a reverse stock split?

Here is some research from cnbc.
http://www.cnbc.com/id/42212417/Reverse_Stock_Splits_Are_Usually_Good_for_Investors_Report
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Longwinded

10/20/11 1:59 PM

#5574 RE: rab813 #5572

For options granted at certain price levels, what would be the effect of the reverse split?

For instance, it appears that 20 shares at a dime could be worth one share at $2.00. If an officer or director had options at $0.40, would his option be adjusted to $8.00, or would he be able to buy a $2.00 share for $0.40?