I foolishly purchased 15,000 shares from a firm Knobel Lynch in 2007 when I was grieving my late husband. I never found a broker who would take them on and now I see that they have changed thier name to Regal Resources Inc. (RSOU) with a 1 to 1000 reverse split. The 15,000 shares had a forward split after I purchased them so now I have 90,000 but when I send them to the transfer agent I will land up with 90 shares. I see they are only worth $0.10 so they are virtually worthless. They say FINRA approved this reverse split can they just say this without FINRA approval? How can those rouges get off with this. I feel so foolish having been coned into purchasing them. Can anybody with the same experience please reply to me?
Highlandmaid
Highlandmaid