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Article: Homeland Security Capital Corporation Announces Reverse Stock Split.
- Article from:
- PR Newswire
- Article date:
- July 12, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ARLINGTON, Va., July 12 /PRNewswire-FirstCall/ -- Homeland Security Capital Corporation (BULLETIN BOARD: HMSC) , a company focused on acquiring, developing and consolidating homeland security-related businesses, announced today that it will effect a 1-for-100 reverse split of its common stock. After the reverse split, every 100 shares of common stock will be combined into one share. The split becomes effective after the market closes on July 31, 2007. Following the split, the company will have approximately 41,755,000 million shares outstanding.
Chairman and CEO of Homeland Security Capital Corporation, C. Thomas McMillen, said, "Homeland Security Capital took ...