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Author: Hpdds Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 10679  
Subject: reverse split Date: 3/24/2010 9:10 AM
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rumors about reverse 1:10 split.
anyone else aware of that?
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Author: mountain8 One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 10663 of 10679
Subject: Re: reverse split Date: 3/24/2010 12:52 PM
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Heard about it. Gist of it is new more aggressive CEO and he is looking at a reverse split to remain listed and ?get share price in line with competitors. 1:10 seems to be the ?guessed at figure. Final value in the mid-teens. Haven't seen much confirmation so final outcome is still a big question. I kinda like the idea.

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Author: Razz037 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 10665 of 10679
Subject: Re: reverse split Date: 3/24/2010 6:33 PM
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No, I have not heard anything of the sort. Do you have a link to your source of the “rumors”?

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Author: Kwigley Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 10666 of 10679
Subject: Re: reverse split Date: 3/24/2010 7:29 PM
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It's not a rumor. ETFC filed a Form 8-K on Monday announcing the appointment of Mr. Freiberg as CEO and the approval of a reverse stock split:

http://biz.yahoo.com/e/100322/etfc8-k.html

Kwigley

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Author: mountain8 One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 10667 of 10679
Subject: Re: reverse split Date: 3/29/2010 11:53 AM
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Just been reading the Motley Fool news sites. Or Google it and you will find the latest news.

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Author: tomjet Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 10670 of 10679
Subject: Re: reverse split Date: 5/2/2010 11:28 AM
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This Form 8-K tells you all you need to know:

1. The Board has approved a 1 for 10 reverse split, subject to shareholder approval; and

2. Such Board Resolution will be submitted to the company's stockholders for a vote, up or down, on May 13, 2010.

So we'll all know the result of the stockholders' voting on this matter in about 11 days.

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