Marketing Worldwide Executes 1-for-350 Reverse Stock Split
Marketing Worldwide (MWWC) has officially implemented a 1-for-350 reverse stock split of its outstanding common stock. This corporate action significantly reduces the total number of issued and outstanding shares from approximately 5.73 billion to nearly 16.37 million. The company's common stock, which carries a par value of $0.00001 per share, began trading on a split-adjusted basis on the OTC Pink market this Wednesday. Such maneuvers are typically used by micro-cap companies to increase their per-share price and meet exchange listing requirements.
Tickers: $MWWC
Topics: OTC Pink market reverse stock split share consolidation
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