Replies to post #29181 on DNAprint Genomics (DNAG)

[Winbig911]

nuttin, I have never had ANY of my holdings do a reverse split. I have had many 'splits' and the symbol always remained the same. Where do you get your facts from ? Could you show us an example ?
Win.

[gratli1028]

Only on a certain board? I have spent the last few minutes trying to find that answer on the web and nothing...the ones that I know that have changed symbols were doing it to try to stop the short selling...what about Orchid? orch never changed????

[cosmiclifeform]

Nuttin... Orchid was able to retain their original symbol ORCH as have others after a RS, so it may be a more flexible rule than that.

Here is Orchid's PR:

"Orchid anticipates that its common stock will begin trading on a split-adjusted basis when trading opens on March 31, 2004, with the interim ticker symbol "ORCHD." After 20 days, the Company expects that the "D" designation will be removed, and its ticker symbol will revert back to "ORCH." Orchid’s transfer agent, American Stock Transfer and Trust Company, will mail instructions to stockholders of record as of March 30, 2004 regarding the exchange of certificates for common stock."

On the other hand there are many business reasons to consider a symbol change...

Hope we find out soon...

God Bless and take care,

Robert