The single share shenanigans continue today. About
Post# of 32685
Was thinking, if some of the 40K beneficial owners had one share left, they could be selling, but what's the odds they all got the same idea, on the same day, all at once? Zero? Plus they should have got a cash payout and not a share anyway, but I never looked at my accounts to see if I got some change laying around.
Quote:
Prior to the foregoing announcement, the Company estimates that there were approximately 40,000 beneficial owners of the Company’s stock. Assuming every single shareholder was entitled to a round-up share, which is highly unlikely, that would mean the Company would issue 40,000 shares to address any stockholders left with a fractional share following the reverse split.