Yes, did you see the OTCBB.com page? Wow, wow. It will trade tomorrow under a new symbol. Everything is Okey Dokey. I called the Nasdaq to get the correct info on it. The company was suppose to notify them 10 days prior to the date of the record date of the split. A company can announce a split, but it has to give the Nasdaq at least 10 days for the record date.
This is the new symbol SYWI
otcbb.com
UPC Notice 087-2000: Systems West, Inc. (SWTI)
Attn: Manager P&S Dept./Traders/Cashier/Manager Reorganization/Manager Dividends
UNIFORM PRACTICE ADVISORY (UPC # 087-2000) September 25, 2000
Systems West, Inc. - Common Stock (SWTI)
On September 25, 2000, the company announced a 10 for 1 forward split effective September 25, 2000. However, since The Nasdaq Stock Market, Inc. (Nasdaq) had not received any prior notification, confusion existed regarding the quotation on OTC Bulletin Board (OTCBB) and the trading of the stock. Therefore, pursuant to Rule 6545, a trading and quotation halt was implemented at 11:17 AM on September 25, 2000 to ascertain the details of the transaction.
Members are advised that quotation will be resumed and the 10 for 1 forward split will be effected on OTCBB as of the opening of business on Tuesday, September 26, 2000. In conjunction with the split, a new CUSIP number of 871917407 has been issued and the symbol on OTCBB will change from SWTI to SYWI. Members are reminded that transactions executed on September 25, 2000 are considered pre-split and will be settled under the CUSIP number 871917308.
Questions regarding this notice should be directed to: Market Data Integrity Department, (203) 375-9609.
Dorothy L. Kennedy
Director
Cheers
RG |
