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Microcap & Penny Stocks : Corporate Vision (CVIA)
CVIA 0.4800.0%Jun 30 5:00 PM EST
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To: VBH who wrote (1391)12/29/1997 10:40:00 PM
From: Milk  Read Replies (1) of 6654
 
Hi VBH,

Here is a textbook definition:

Reverse Stock Split - a proportionate decrease in the shares of stock held by stockholders. For example, a 1:3 split would result in the stockholders' owning 1 share for every 3 owned before the split. A company generally institutes a reverse split in order to increase the market price of its stock.

Milk

P.S. See invest-faq.com for more info
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