This seems to be getting some hits today. Could possibly go. .0051 x .0051 at the moment.
Posted by Phoenixx on :
Anyone in this, DO NOT HOLD OVERNIGHT. The company will steal your money with reverse splits. They probably changed their name/symbol so they could keep getting away with it.
Current Capital Change: shs decreased by 1 for 1000 split Ex-Date: Record Date: Pay Date: 2005-03-18
Company Notes: Formerly=American Fire Retardant Corp. until 1-05. State of incorporation Nevada changed to Florida concurrent with the name change
Class Notes: Capital Change=shs decreased by 1 for 200 split. Pay date=06/27/2003. Capital Change=shs decreased by 1 for 10 split. Pay date=09/12/2002. Capital Change=shs decreased by 1 for 250 split. Effective date=3-22-04 Capital Change=shs decreased by 1 for 250 split. Effective date=9-1-04 Capital Change=shs decreased by 1 for 2000 split. Pay date=11-1-04 Capital Change=shs decreased by 1 for 2000 split. Pay date=1-6-05
[ April 01, 2005, 10:20: Message edited by: Phoenixx ]
Posted by Phoenixx on :
What sickens me is how the SEC can allow a company to RS so many times in such a short time frame.
Posted by svrider650 on :
Thanks for the 411
Posted by Brooklynite on :
Thank Phoenixx ! I was thinking about it!
SEC does not have as much power as you think it does. Best case they strike a deal and settle with the crooked guys
Posted by svrider650 on :
It is running though ask at .0071 now l2 looks great imo. for short holders. Bid keeps going higher than the last. Seems like they need them bad.
Posted by Phoenixx on :
I think they have the power, they just refuse to use it. Paraphrasing Purl Gurl: "There's corruption in the SEC". They could pass regulations to stop companies from RSing to only once a year or something. It's like the whole SHO list situation. Like putting a band-aid on skin cancer.