Allstocks.com's Bulletin Board: 04/04/07

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Author

Topic: 04/04/07

*Mag*
Member

posted

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

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T e x
Member

posted

.5 to 1 r/s :confused...

lol, wouldn't that be a forward split?

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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*Mag*
Member

posted

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...

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T e x
Member

posted

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?

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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*Mag*
Member

posted

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 [Smile]

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.

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T e x
Member

posted

well, they're Chinese, right? maybe they figured math is math ????

gonna check def 14, thanks...

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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PCola77
Member

Member Rated:

posted

Mag, for the record, when Tex's mailbox is full, just post in the CSHD thread. I think Tex lives there [Wink]

CYHD 1:300 Split. 945,720 in Volume, Price: 0.0031 O/S: 70,172,880 ---> CYHA Price: 0.9300 O/S: 233,910

KIPSQ 1:948.6 Split. 396,110 in Volume, Price: 0.0020 O/S: N/A ---> CPUT Price: 1.8972 O/S: N/A

A couple of questions.

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 [Smile]

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...

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T e x
Member

posted

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...

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Nashoba Holba Chepulechi
Adventures in microcapitalism...

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