Wed, December 8, 2010
Tue, December 7, 2010
Mon, December 6, 2010
Sat, December 4, 2010
Fri, December 3, 2010
Thu, December 2, 2010
Wed, December 1, 2010
Tue, November 30, 2010
Mon, November 29, 2010
[ Mon, Nov 29th 2010 ]: Market Wire
$1,229,068 US
Fri, November 26, 2010
Thu, November 25, 2010
Wed, November 24, 2010
[ Wed, Nov 24th 2010 ]: Market Wire
Mortgage Rates Dip Down
Tue, November 23, 2010
Mon, November 22, 2010
[ Mon, Nov 22nd 2010 ]: Market Wire
ManTech to Acquire MTCSC Inc.
Fri, November 19, 2010
Thu, November 18, 2010
Wed, November 17, 2010
Tue, November 16, 2010

TSR, Inc. Announces 1-for-2 Reverse Stock Split


  Copy link into your clipboard //science-technology.news-articles.net/content/2 .. r-inc-announces-1-for-2-reverse-stock-split.html
  Print publication without navigation Published in Science and Technology on by Market Wire
          🞛 This publication is a summary or evaluation of another publication

HAUPPAUGE, N.Y.--([ BUSINESS WIRE ])--TSR, Inc., (Nasdaq:TSRI) a provider of computer programming consulting services, today announced that its 1-for-2 reverse split of the Companya™s common stock, which was previously approved by its board of directors and stockholders, became effective at 5 pm today.

Pursuant to the reverse stock split, each two shares of common stock held by a holder are converted into one share. The Companya™s authorized capital of common stock is decreased from 25,000,000 shares, par value $0.01 per share, to 12,500,000 shares, par value $0.01 per share, and the issued and outstanding common stock is reduced from 4,038,188to 2,019,094 shares.

Certain statements contained herein, including statements as to the Companya™s plans, are forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those set forth in the forward-looking statements due to known and unknown risks and uncertainties, including but not limited to the following: the impact of current adverse conditions in the credit markets and current adverse economic conditions on the Companya™s business; risks relating to the competitive nature of the markets for contract computer programming services; the extent to which market conditions for the Companya™s contract computer programming services will continue to adversely affect the Companya™s business; the concentration of the Companya™s business with certain customers; uncertainty as to the Companya™s ability to maintain its relations with existing customers and expand its business; the impact of changes in the industry and the Companya™s ability to adapt to changing market conditions and other risks and uncertainties described in the Companya™s filings under the Securities Exchange Act of 1934.


Publication Contributing Sources