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Telatinos Inc. -- Forward Split Effective February 11th 2005 Tuesday February 1, 9:00 am ET
MIAMI, Feb. 1, 2005 (PRIMEZONE) -- Telatinos Inc. (Pink Sheets:TLTD), a Latin American IP VoIP service provider, today announced that the Company has elected February 11th 2005 as the Effective date for the previously announced 6 for 5 forward split of its common stock. Each shareholder will receive six shares in exchange for each five shares owned. The post split shares will have a new CUSIP number and will trade with a new symbol.
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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<ufownage>
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question?? what does it mean when a new number and symbol will be given. What happens to the shares I have of tltd? are they automatically changed? I am new never been involved in a split or a symbol change so i am a little lost.
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<ufownage>
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I would edit but I can't my pass is at home and i am at work. Just adding to my question why would the post split shares trade with a diiferent symbol. Just looking for a little insight from people more experienced than me.
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