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Microcap & Penny Stocks : Universal Medical Sytems (UMSI)

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To: JPS who wrote (813)1/5/1998 7:34:00 PM
From: Art C.  Read Replies (1) of 1672
 
JPS----A reverse split would reduce the number of shares per shareholder and increase the price of the shares. For instance if you have 10,000 shares worth .10 a share, and they do a 1 for 10 reverse split, then you would wind up with 1000 shares worth a dollar. Notice that the total value hasn't changed.

Art
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