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I know how ECTE is going to get to the $ now. Reve

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Post# of 99241
Posted On: 06/06/2013 5:04:09 PM
Posted By: BooDog
Re: BooDog #25639

I know how ECTE is going to get to the $ now. Reverse Split. Not sure how I missed that coming.



Echo Therapeutics Announces Reverse Split of Common Stock


31 minutes ago - PR Newswire via Dow Jones News

Shares of Common Stock Will Begin Trading on a Split-Adjusted Basis on June 7, 2013 PHILADELPHIA, June 6, 2013 /PRNewswire/ -- Echo Therapeutics, Inc. (Nasdaq: ECTE), a company developing its needle-free Symphony(R) CGM System as a non-invasive, wireless continuous glucose monitoring system, today announced that a 1-for-10 reverse split of the Company's issued and outstanding common stock will be effective prior to the market opening on Friday, June 7, 2013. Beginning with the opening of trading on June 7, 2013, the Company's common stock will trade on the NASDAQ Capital Market on a split-adjusted basis. As of that date, the Company's common stock will temporarily trade under the symbol ECTED for 20 business days, at which time the symbol will revert to ECTE.

And there it is, right on the form 14

http://www.sec.gov/Archives/edgar/data/103192...r12013.htm


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