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Latest Reverse stock split Stories

2012-12-07 16:22:56

ST. AUGUSTINE, Fla., Dec. 7, 2012 /PRNewswire/ -- O2 Secure Wireless, INC. (Pink Sheets: OTOW.PK - News) - announces today that the Company has filed a Supplemental Information Disclosure Statement with the OTC Markets confirming FINRA's approval of the Company's requested 1 for 1000 reverse stock split. The approved reverse stock split will be effective upon markets' opening on December 10, 2012. The Company's common stock will continue to be traded on the Pink Sheets under the symbol...

2012-11-26 12:28:36

DENVER, Nov. 26, 2012 /PRNewswire/ -- MusclePharm Corporation (MSLP.OB), a nutritional supplement company focused on active lifestyles, announced today a 1-for-850 reverse split of the Company's issued and outstanding common stock and a decrease in the number of its authorized shares of common stock. The reverse stock split is effective prior to the market open on November 26, 2012. "We have elected to effect a reverse stock split to help MusclePharm seek a higher trading stock price and...

2012-11-19 08:31:40

BEIJING, Nov. 19, 2012 /PRNewswire/ -- UTStarcom Holdings Corp. (Nasdaq: UTSI) ("UTStarcom" or the "Company"), a leading provider of media operational support services and broadband equipment products and services, today announced two significant actions to enhance liquidity. The Board of Directors has authorized the commencement of a cash tender offer for US$30 million of the Company's outstanding ordinary shares at a purchase price of US$1.20 per share. The Company intends to...

2012-11-19 08:24:53

FUZHOU, China, Nov. 19, 2012 /PRNewswire/ -- China Yida Holding Company (Nasdaq: CNYD) ("China Yida" or the "Company"), a diversified tourism and entertainment enterprise in China, today announced that its Board of Directors has approved a one (1) -for- five (5) reverse stock split of the Company's issued and outstanding common stock, par value $0.001 per share. Written consent was received as according to Delaware law for this action from holders of a majority of the Company's common stock....

2012-11-12 08:20:14

CAPETOWN, South Africa, Nov. 12, 2012 /PRNewswire/ -- Leatt Corporation (OTCQB: LEAT), a global developer, marketer and distributor of the personal protective equipment for sports enthusiasts, said today that it believes that a trade of its securities on Friday, November 9, 2012, was most likely made in error, and that it has asked the Financial Industry Regulatory Authority (FINRA) to investigate that trade. Leatt will be announcing its third quarter results on Thursday, November 15, 2012,...

2012-11-05 16:21:06

ATHENS, Greece, Nov. 5, 2012 /PRNewswire/ -- Paragon Shipping Inc. (NYSE: PRGN) ("Paragon Shipping" or the "Company"), today announced that the previously announced one-for-ten reverse stock split of the Company's issued and outstanding shares of common stock, par value $0.001 per share (the "Common Stock"), became effective after the close of trading today. The Company's Common Stock will commence trading on a split-adjusted basis on the New York Stock Exchange ("NYSE") upon the open of...

2012-11-05 12:28:08

DAYTON, Ohio, Nov. 5, 2012 /PRNewswire/ -- Advant-e Corporation (OTCQB: ADVC) today announced that its Board of Directors and a majority of its outstanding shares have authorized a 1-for-10,000 reverse stock split followed by a 1,000-for-1 forward stock split and a $2,000,000 share repurchase program. The Board is also considering payment of a potential special cash dividend pending the results of the stock splits, the share repurchase program and the Company's cash flow. These corporate...

2012-11-05 08:28:38

XI'AN, China, Nov. 5, 2012 /PRNewswire-FirstCall/ -- Kingtone Wirelessinfo Solution Holding Ltd (NASDAQ: KONE) ("Kingtone", or the "Company"), a China-based developer and provider of mobile enterprise solutions, today announced that its Board of Directors has approved a combination, or reverse split of the ordinary shares currently issued by the Company at par value of $0.001 per share such that the Company shall issue one (1) ordinary share (each, "New Share," collectively "New...

2012-10-24 15:21:40

ATHENS, Greece, Oct. 24, 2012 /PRNewswire/ -- Paragon Shipping Inc. (NYSE: PRGN) ("Paragon Shipping" or the "Company"), today announced the results of its 2012 Annual General Meeting of Shareholders (the "Meeting"). The following proposals, comprising all of the proposals voted on at the Meeting, were approved and adopted at the Meeting: The election of Mr. Michael Bodouroglou as Class C Director to serve until the Company's 2015 Annual General Meeting of Shareholders; The ratification of...

2012-10-12 15:20:44

BATON ROUGE, La., Oct. 12, 2012 /PRNewswire/ -- Green Energy Management Services Holdings, Inc. (OTCBB: GRMS) (the "Company") announced today that it has received approval from the Financial Industry Regulatory Authority ("FINRA") to effectuate a 1-for-10 reverse stock split of all of the Company's issued and outstanding shares of common stock. The Company's Board of Directors set Monday, October 15, 2012 as the effective date for the reverse stock split under the corporate law of the State...