The Board of Directors at 24.7 Real Media Inc. has authorized a 1-for-5 reverse split of its common stock. The new stock will begin trading on Feb. 27 under the ticker symbol TFSMD, but will revert back to its current symbol of TFSM in late March. The reverse split will reduce to number of outstanding shares from 127 million to roughly 25 million.
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The Board of Directors at 24.7 Real Media Inc. has authorized a 1-for-5 reverse split of its common stock. The new stock will begin trading on Feb. 27 under the ticker symbol TFSMD, but will revert back to its current symbol of TFSM in late March.
The reverse split will reduce to number of outstanding shares from 127 million to roughly 25 million.
