Question about doll

[chefmuffin]

Hi guys,

I was reading up on stock splits and found this company. It is at 18 cent right now but there seem to be no activity yet it seems like I can still buy this one through fidelity. Was wondering if i buy below the 1000 shares would the honor the 50 cent split? I've been a member yet still new on the market.

WAUKESHA, Wis.--(BUSINESS WIRE)--The Middleton Doll Company (the “Company”) (OTCBB: DOLL) announced today that its shareholders approved a 1,000-to-1 reverse stock split of the Company’s common stock followed by a 1-to-1,000 forward stock split, with the result that shareholders who hold fewer than 1,000 shares prior to the stock split transaction will have their partial shares cashed out at a price of $0.50 in cash per share on a pre-split basis. Shareholders who hold 1,000 or more shares prior to the stock split transaction will continue as shareholders of the Company following the stock split transaction. The stock split transaction is currently scheduled to take effect January 9, 2009. In conjunction with the stock split transaction, the Company intends to deregister its common stock and preferred stock under the Exchange Act, and, therefore, terminate its obligations to file reports with the Securities and Exchange Commission.

Shortly after January 9, shareholders whose partial shares are to be cashed out will receive instructions regarding the method of exchanging old stock certificates for cash. Shareholders need not do anything with their stock certificates until they receive instructions. Mellon Investor Services LLC, the Company’s transfer agent, will act as the exchange agent for the purpose of implementing the exchange of stock certificates in the stock split transaction.

[fz4fun]

Originally Posted by chefmuffin

Hi guys,

I was reading up on stock splits and found this company. It is at 18 cent right now but there seem to be no activity yet it seems like I can still buy this one through fidelity. Was wondering if i buy below the 1000 shares would the honor the 50 cent split? I've been a member yet still new on the market.

WAUKESHA, Wis.--(BUSINESS WIRE)--The Middleton Doll Company (the “Company”) (OTCBB: DOLL) announced today that its shareholders approved a 1,000-to-1 reverse stock split of the Company’s common stock followed by a 1-to-1,000 forward stock split, with the result that shareholders who hold fewer than 1,000 shares prior to the stock split transaction will have their partial shares cashed out at a price of $0.50 in cash per share on a pre-split basis. Shareholders who hold 1,000 or more shares prior to the stock split transaction will continue as shareholders of the Company following the stock split transaction. The stock split transaction is currently scheduled to take effect January 9, 2009. In conjunction with the stock split transaction, the Company intends to deregister its common stock and preferred stock under the Exchange Act, and, therefore, terminate its obligations to file reports with the Securities and Exchange Commission.

Shortly after January 9, shareholders whose partial shares are to be cashed out will receive instructions regarding the method of exchanging old stock certificates for cash. Shareholders need not do anything with their stock certificates until they receive instructions. Mellon Investor Services LLC, the Company’s transfer agent, will act as the exchange agent for the purpose of implementing the exchange of stock certificates in the stock split transaction.

This is a reverse split and a de-listing...any money you put in this is money that is gone-never to be seen again. This type of deal is usually the end of any hope you have of ever seeing your cash again. Trust me, i have been scorched on quite a few reverse splits and all the cash is bye bye

Save your money for a real play not this sucker promise

Good Luck

[chefmuffin]

Thanks for the info...was hoping to get the under the 1000 share requirement so they would have to fork out the 50 cent per share..Thanks for the head up..now I can save the money and buy ctic tmr