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Article: American Metal & Technology Announces Reverse Stock Split.
- Article from:
- PR Newswire
- Article date:
- November 16, 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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LOS ANGELES, Nov 16 /PRNewswire-FirstCall/ -- American Metal & Technology, Inc. (BULLETIN BOARD: AMMY) today announced that its Board of Directors has approved a 1-for-150 reverse stock split of its common stock, following approval by the Company's stockholders owning a majority of its shares on November 15, 2007. The reverse stock split will be effective for trading purposes on or about December 3, 2007.
The 1-for-150 reverse stock split will convert 150 shares of the Company's common stock into 1 share of common stock. The reverse stock split affects all issued and outstanding shares of the Company's common stock immediately prior to the effectiveness of ...