Central Federal Corporation Stockholder Passage of Reverse Stock Split

On March 14, Central Federal Corporation (GCFC) issued a press release announcing the shareholder approval of the 1-for-325 reverse stock split. According to the press release, “The Board is expected to make a decision within two weeks about whether to proceed with the reverse stock split transaction.”

I expect this transaction to be approved and completed within the month. There are still some risks involved, as Alexander at Wealth Junkie points out, but I believe the risks are over estimated by the market at this point. I look forward to analyzing the performance of this transaction when it is completed.

Related Posts:

2 thoughts on “Central Federal Corporation Stockholder Passage of Reverse Stock Split

  • March 22, 2005 at 6:24 am

    I saw the article, and I too was suspicious that it might be misleading. However, Central Federal released a press release yesterday indicating that their Board of Directors decided against proceeding with the reverse split.

    I’m pretty upset that the information regarding the Board’s decision was leaked to the press before being officially released.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

20 mg professionele Cialis

Beste prijs voor 20 mg Cialis

Goedkoopste Cialis 20mg inclusief verzendkosten

Goedkoopste Cialis 20mg Aanbieding

Type Cialis 20 mg

Cialis 20mg Laagste prijs

Cialis 20 mg postorder

Cialis 20 mg tabletten

Cialis kost 20 mg

Cialis dosierung 20 mg

Cialis Professional 20mg pillen

20 mg Cialis snijden

Generika Cialis 20mg

Generika Cialis Soft 20mg

Generika Cialis Soft Tabs 20mg

Vardenafil 20 mg Cialis

Cialis 20 mg, Tadalafil goedkoop kopen

Cialis dosisuren

Goedkope Cialis 20mg pillen

20 mg dosis Cialis recept

Bestel 20mg Cialis goedkoop online