CYHD Cyberhand Technologies International, Inc. Common Stock CYHA Cyberhand Technologies International, Inc. Common Stock New 1-300 R/S
KIPSQ Composite Solutions, Inc. Common Stock CPUT Composite Solutions, Inc. New Common Stock 1-948.6 R/S
SNPLY Sunplus Technology Co Ltd 144A SNPUY Sunplus Technology Co Ltd 144A GDR New (Taiwan) .5007409-1 R/S
Posted by T e x on :
.5 to 1 r/s :confused...
lol, wouldn't that be a forward split?
Posted by *Mag* on :
quote:Originally posted by T e x: .5 to 1 r/s :confused...
lol, wouldn't that be a forward split?
yeah looks a lil whacky...
Posted by T e x on :
here's my math...ya, I know...old school, lol:
let's say 300:1 rs; 3,000 shares divided by 300 = 10
therefore: 3,000/.5 ... = 6,000
right?
Posted by *Mag* on :
makes sense to me; I couldn't find much on this company; did find this though... http://tinyurl.com/3xv4dy says 1 GDR : 2 Ordinary Shares I guess it's a F/S BTW you are a nerd! PS could not get a PM to you the other day cuz your box was full I guess you are busy yappin it up with other peeps... MPNC filed DEF 14C looks like no derailment has occured.
Posted by T e x on :
well, they're Chinese, right? maybe they figured math is math ????
gonna check def 14, thanks...
Posted by PCola77 on :
Mag, for the record, when Tex's mailbox is full, just post in the CSHD thread. I think Tex lives there
1) How can a company just R/S out of "Q" status? If they had the Q it was because they were in bankruptcy, right? Did you happen to see if they came out of it, or if not, how the new symbol doesn't have a Q?
2) wtf kind of reverse split is 1:948.6? Just make it an even 1000
Oh,and I couldn't find info on ANPLY.
And Tex, a 1:.5 R/S is indeed equivalent to a 2:1 f/s. No idea why they would do that...
Posted by T e x on :
lol, PC...less and less so...
1) Q *does* get a court involved, and it can get sticky deciding on the timing (notice DEXTQ); as I understand it, completely new shares are issued, retiring those former...
2) fractional reverses might be due to the exact A/S, and *maybe* odd-lot provisions...