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American Oriental Bioengineering, Inc. Message Board

  • fool2trade fool2trade Mar 27, 2014 11:25 PM Flag

    My Merrill Edge notice on AOBI- and where to get futher info when this closes?

    Merrill Lynch March 27, 2014
    Code: Corp
    AMERICAN ORIENTAL BIO ENGINEERING INC
    REVERSE STOCK SPLIT
    Review - Mandatory Corporate Action
    No action required Your account will be automatically adjusted
    TERMS
    Meeting Date: Mar 14, 2014
    Effective Date: TBD
    DISTRIBUTION DETAILS
    Security Rate: 0.001996008
    Share Ratio: 1.00 New per 501.00 Old
    Fractional Share Code: OT
    EVENT DETAILS
    Holders of 500 shares or less will be cashed out at USD 0.50 and effective date is yet to be determined

    Sentiment: Hold

 
AOBI
1.51-0.49(-24.50%)Jul 1 1:45 PMEDT