Kurs bei Consors wieder runter 0,0003$ NÖ NÖ Nö keiner weiß bescheid MANILA, Philippines--(BUSINESS WIRE)--Pearl Asian Mining Industries, Inc., Stock Symbols: USA (OTC Common Shares: PAIM)(OTC Preferred Shares: PAIIP); Germany (Xeta: R1z.De) And (Frankfurt: R1z.F - News) today announced that by a special corporate action, resolved, acknowledged, and approved by the Board of Directors and the 57% of its majority shareholders, the following actions are being undertaken in consistent with the company’s capital restructuring, effective Monday, November 19, 2007 (Record Date). 1 for 500 REVERSE SPLIT of all Issued and Outstanding Common Shares. Note, pre-split Common Shares CUSIP# 704755 107: ISN#US704755 107 9, (Old Symbol: PAIM) have been assigned a new CUSIP # 704755 404: ISN#US704755 404 9. The post-split outstanding public float for Common Shares will be 8,540,057 Common Shares. Reduction of the number of Authorized Common Shares from “4.0 Billion” (4,000,000,000) to 20.0 Million (20,000,000). 1 for 75 REVERSE SPLIT of all Issued and Outstanding Preferred Shares. Note, pre-split Preferred Shares bearing CUSIP # 704755 30 5 ISN # 704755 305 9 (Symbol: PAIIP) have been assigned a new CUSIP # 704755 503: ISN# US704755 503 9. The post-split outstanding public float for Preferred Shares will be 40,000 Preferred Shares. |