Sep. 5 at 3:20 PM
$ANEB From the Sch 14A filing:
“If the Reverse Stock Split Proposal is approved … a stockholder of record owning fewer than a minimum number of shares immediately prior to the effective time of the Reverse Stock Split, which, … , would be between 2,500 and 7,500 (the “Minimum Number”), will be entitled to receive only the cash payment of
$3.50 multiplied by the number of shares owned by such stockholder immediately before the Reverse Stock Split”
The 3.50$ is price per share owned prior the reverse split. You can also infer this because the SEC would never approve a change in ownership at the price of of 1/2500 of current market…
