Brief: Biostar Pharmaceuticals to effect reverse stock split

Biostar Pharmaceuticals

05/02/2016 14:00

Feb 5 (Reuters) - Biostar Pharmaceuticals Inc  BSPM.O : 
 * To effect reverse stock split 
 * Says board of directors unanimously approved a reverse split of its common 
   stock at a ratio of 1-for-7 
 * As a result of the reverse stock split, the number of outstanding common 
   shares will be reduced to approximately 2.21 million 
 
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