Feb 14th 2011, 20:27 System Announcement
by Skip Oceanlane
*TAKE NOTICE* CAPX 5:1 Reverse Stock Split Done - Careful if Buying/Selling!PLEASE TAKE NOTICE - IMPORTANT ALL CAPX TRADERS
A 5:1 Reverse Stock Split has been done for CAPX stock. This means that before CAPX had 7,600,000 shares. Now there are only 1,520,000 shares. All shareholders that had less than 5 CAPX shares before the reverse split have been bought out by Skip Oceanlane at 2L per share (the price before the reverse split was done).
***The new adjusted price of 10L per share is equal to 2L per share before the reverse split*** So if you had 1,000 shares before, you now have 200 shares. Do not think that if you bought your shares at 2L per share you can now sell them at 10L per share for a profit. Your stock is essentially the same worth at 10L per share as it was 2L per share, because you only have 1/5th the stock as before.
If anyone has any questions, please IM me before you buy or sell CAPX stock. Trading will restart shortly. Thank you.
CEO and Majority Shareholder