Archive for July 29th, 2011

APPY reverse split + updates for ISTA CYTK ANTH

Jul 29, 2011 No Comments by

AspenBio Pharma, Inc. (NASDAQ: APPY), effected today a one for five reverse split of its common shares to ensure continued compliance with NASDAQ minimum bid price rule listing requirements. However it only reduced the number of authorized common shares from 60 million to 30 million. ISTA Pharmaceuticals, Inc. (NASDAQ: ISTA) announced top-line results from the […]

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A look back on predictions made in February of 1H 2011 reverse splits

Jul 29, 2011 No Comments by

On February 14, 2011, I listed about a dozen companies facing delist from NASDAQ or a reverse split to remain listed on NASDAQ during 1H 2011. I now follow up the list by firstly noting my prediction, then what actually happened. (First bracket indicates price as of FEBRUARY 14) – (Second bracket indicates price REVERSE SPLIT […]

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