Re: [GLBSE] S² Capital Management August Financials Available
I have received demand for a stock split.
Some people have been wanting to buy shares in S²CM but have not been able to as the current price per share does not allow them to purchase in the required portions to maintain their desired balance of assets.
As a split does not harm the value held by shareholders, and, due to this demand, would seem to increase the market value, unless there are any objections,
I will arrange a 100-for-1 split to occur on September 4th.
Some people have been wanting to buy shares in S²CM but have not been able to as the current price per share does not allow them to purchase in the required portions to maintain their desired balance of assets.
As a split does not harm the value held by shareholders, and, due to this demand, would seem to increase the market value, unless there are any objections,
I will arrange a 100-for-1 split to occur on September 4th.
How do you plan to do it?
Does GLBSE has any provision for it?
If not, how do you identify the shareholders?
And if you transfer extra shares to everybody then there are fees.
Sorry, just curious.
Pajka
GLBSE does not (to my knowledge) offer a split functionality within their UI.
I very much doubt that we would need to go through some kind of rigmarole where we issue more shares and identify shareholders.
I don't anticipate any fees to be associated with this action.
heh, no need to be sorry, curiosity is good
