What is wrong with my math? If I read it correctly
What is wrong with my math? If I read it correctly shouldn't anyone with 399 shares be able to get $123.69 on an investment of say $23 at current pps.
For purposes of calculating the filing fee only, this amount assumes the aggregate cash payment of $7,750 by the Issuer in lieu of fractional shares
immediately following a 1-for-400 reverse stock split to holders of fewer than 400 shares of the Issuer’s common stock prior to the reverse stock split.
The aggregate cash payment is equal to the product of the price of $0.31 per pre-split share and approximately 25,000 pre-split shares, the estimated
aggregate number of shares held by such holders.
$BDVB
Diversified Restaurant Holdings, Inc. (SAUC) Stock Research Links
Scroll down for more posts ▼
Top 10 Most Recent News Articles
Top 5 Most Recently Viewed Articles
Toronto-Dominion Bank Faces Securities Law Troubles Investors in The Toronto-Dominion Bank (NYSE: TD) are currently navigating through significant legal challenges as a result of a class action lawsuit. This lawsuit, which has attracted considerable attention, highlights serious allegations of securities law violations impacting shareholders of the company. Overview of...
Continue Reading
Chargeability Anomalies Discovered at Cottonwood Black Mammoth Metals Corporation (TSXV: BMM) is making significant strides at the Cottonwood site. Recent surveys have revealed high chargeability anomalies, indicating potential areas enriched with sulfide minerals. This exciting development paves the way for further exploration and drilling activities. Geophysical Survey...
Continue Reading
Optinose's Strategic Move: A Reverse Stock Split Optinose, Inc. (NASDAQ: OPTN), a specialty pharmaceutical company known for its innovative treatments, has made a critical decision to undertake a reverse stock split. This move comes as a response to stock price declines exceeding 70% year-to-date. The reverse stock split, set at a ratio of 1-for-15, is designed to meet...
Continue Reading
Power Solutions International Engages Investors Power Solutions International, Inc. (OTC Pink: PSIX) has made a notable announcement regarding its participation in the upcoming Craig-Hallum Alpha Select Conference. A delegation from PSI, including CEO Dino Xykis, CFO Kenneth Li, General Counsel and Head of Investor Relations Randall Lehner, along with VP of Human...
Continue Reading
Henry Steinberg Takes the Helm as Global Head of EQT Exeter In a significant development for EQT Exeter, Henry Steinberg has officially assumed the role of global head. This leadership change comes as Ward Fitzgerald, the company's founder and respected leader, prepares to step down after nearly two decades of dedicated service. Leadership Transition Overview With a team...
Continue Reading
