The Fordham rep specifically told me the offer was oversubscribed. I don't know how many of you talked to him and heard the same thing but I personally am going to lodge a formal complaint with the SEC.
What a total nightmare - I sold my 100000 shares before the split because I didn't think that the financing would be enough to carry them to sustainablility. But I have a firend who stayed in and I believe bought more. I feel terrible for the shareholders. I didn't expect the financing to not take place after the split! Ouch - They must have been witholding information. They must have known this was coming.