The Log Homes Info

News and information about log homes and log cabins.

Wednesday, September 14, 2005

Lincoln Logs Ltd. stock split

New article about Lincoln Logs Ltd. tells that company has completed that 1-for-500 stock split that they planned earlier.


COMMENTARY
Now the company has 130 stockowners compare to 3000 before the split. Company is now able to de-list itself from public stock markets, however people can still trade with the stocks.

Because they now have less than 300 owners, the company doesn’t need to make any public filings. As a result, Lincoln Logs Ltd. can make terrible or wonderful financial results and that (in theory) wouldn’t affect to the brand image. Let’s wait and see what future has in store for Lincoln Logs Ltd.

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