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reaper247

03/07/12 12:10 AM

#3095 RE: orioles #3091

e-ore on the Reverse Splits board caught something I had missed, and I wanted to repost it here.

"trades in such shares would only be possible through privately negotiated transactions or, if the Company qualifies, in the OTC Markets ® (a centralized quotation service that collects and publishes market maker quotes for securities)."

"After the Reverse Stock Split, the remaining stockholders will enjoy the financial benefits of the Company’s no longer being subject to the federal securities laws, rules and regulations applicable to public companies. As a result, the Company’s expenses will be reduced by approximately $350,000."


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72957842

IMO and FWIW.