Bellatrix Exploration Ltd (Canada) BXEFF

NYSE DELISTLING NOTICE- Bxe will announce reverse split 1:10

[Boulderbaby1]

More bad news! Bellatrix Exploration Ltd. has received a continued listing standards notice from the New York Stock Exchange (NYSE) because the average closing price of Bellatrix's common shares was less than $1 (U.S.) per share over a period of 30 consecutive trading days. Management will initiate a reverse stock split 1 for 10 to save NYSE listing! OUCH!!

[darb]

There is no mention anywhere in the mail-out of a "Reverse Split"! If you are going to write your own news releases please clarify that it is "your opinion only".......JERK. They have 6 months to comply with the $1 min. listing and the company has assured the NYSE they will comply.

[Boulderbaby1]

The reverse split of 1:10 is my prediction how management will address this problem if they want to continue to have their shares listed on the NYSE. Nobody believed a month ago that managment would dilute shareholders by doing an equity financing at the bottom of their share price. Now the bank financing syndicates are under water on their bought deal. No hope for over allotment selling and

[1condor]

I agree that the only way to fix this problem is a reverse split. I have been accumulating this stock near the lows and based on this news release and a very good chance of a reverse split that I will sell the lot on Monday for a small gain. I suggest everyone take the "possibility" of a reverse split very seriously. Any investor who has been around long enough knows that in most cases