On Friday, November 12, ASA International announced that its stockholders approved the 1-600 reverse stock split and the payment of $5.00 per share for those owning less than 600 shares before the reverse split.
It looks like my hopes to gain more than $5.00 per share have been dashed. However, I’m still happy with the $5.00 per share deal. It will be interesting to see when I’ll actually receive the $5.00 per share. I’ll keep you posted.