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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » JUNP NO Reverse Split News

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Author Topic: JUNP NO Reverse Split News
flatrader
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Juniper Group, Inc. (OTCBB:JUNP) announced today that management has decided that it would be in the best interests of its stockholders to defer effectuating the previously approved reverse stock split ("Split") due to current market conditions. The approved Split would reduce the number of outstanding shares of our common stock on up to a 1 for 5000 reverse split. Management has determined that it would be in the best interest of its shareholders to defer the Split until such time as the Company's performance improves and market conditions are more receptive to a reverse stock split. The Company has filed its Form 14C with the Securities and Exchange Commission and has up to one year to effectuate the Split. Management will revisit the timing of effectuating the Split in the upcoming months.
Posts: 195 | From: Florida | Registered: Feb 2010  |  IP: Logged | Report this post to a Moderator
   

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