SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Stella Bella (SBAM)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tom Oles who wrote ()4/19/1997 7:04:00 PM
From: Larry Swenson   of 94
 
SAN DIEGO, April 18 (Reuter) - Stella Bella Corp USA on
Friday said it has restructured its stock, reducing the number
of shares outstanding to 563,800 from over 112.7 million.
Under the plan, for every 200 outstanding common shares
owned, each shareholder retains retained one common share and
50 warrants each of four series allowing the shareholder to
acquire additional common shares. Shareholders also receive one
redeemable, convertible preferred share which pays an annual
dividend and one "Stock Price Participation Right."

Copyright 1997, Reuters News Service
What do you make of this news any one ?
Larry Swenson
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext