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CMXX — Special situation event

SeanM

By SeanM
in General Board

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SeanM Advanced Member

SeanM

Posted
Posted

CMXX is micro-cap that is going private via reverse split.  Holders of < 10k shares are to be made whole via cash payment of $0.15 per share.  See SEC filing for full details.

 

A press release was just issued disclosing that the reverse split is to take effect on the 26th, meaning today is the last day to buy.  Last trade was $0.1405, and if you can buy 9,999 shares at that price (I did), you can make $95 in a few days.

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