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International Paper Company Message Board

p_fortyseven 3 posts  |  Last Activity: Apr 26, 2016 6:45 AM Member since: Sep 5, 2010
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  • p_fortyseven by p_fortyseven Apr 26, 2016 6:45 AM Flag

    Maybe they'll reverse split this to comply.

    In accordance with NASDAQ Listing Rule 5810(c)(3)(A), the Company has a period of 180 calendar days, or until October 19, 2016, to achieve compliance with the minimum bid price requirement. The Company will regain compliance with the minimum bid price requirement if at any time before October 19, 2016, the bid price for the Company’s common shares closes at $1.00 per unit or above for a minimum of 10 consecutive business days.

    The Company intends to actively monitor the bid price of its common shares and will consider available options to regain compliance with the listing requirements.

    Sentiment: Strong Sell

  • Reply to

    question from new shareholder

    by savage_planet Mar 18, 2016 3:23 PM
    p_fortyseven p_fortyseven Mar 31, 2016 7:18 AM Flag

    You need to sit back and take an hour to read through the 10-K. Stop looking for positive articles.

  • Reply to

    Were you paid your special dividend?

    by iitriumvirate Mar 25, 2016 12:12 PM
    p_fortyseven p_fortyseven Mar 31, 2016 7:16 AM Flag

    What a joke. Ended up with an odd-lot holding of CRC, which has billions in debt and little upside. Glad OXY go out from under it, not happy about spinning it off and making me a shareholder.

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