OTC:USTI) announced today that its Board of Directors has unanimously approved a reverse/forward stock split with
the intended goal of facilitating a going private transaction.
Shareholders will receive a letter from the Company's transfer agent shortly after the date of the Company's reverse and subsequent forward split with
further instructions on the transaction.
The Company already has enough shares to perform the split with
15 million shares authorized and only 6.
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Internet Powerhouse - CMGI Announces 2:1 Stock Split With
2 million after the split with
an increased float of 5.
24th, The Right Line Split Report presented to their subscribers that they anticipated that eBay (EBAY) would announce a split with
their earnings report.