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Stock Market & Financial Investment News

News Breaks
August 4, 2014
07:34 EDTSITOSingle Touch Systems receives shareholder approval for reverse stock split
With a supporting vote of 95%, the stockholders have approved an amendment to the Company's Amended and Restated Certificate of Incorporation to authorize the board of the company to effect the reverse stock split, including having the discretion as to whether or not the reverse stock split is to be effected at any time prior to March 31, 2015, and with the exact ratio of any reverse split to be set as a whole number as a ratio of not less than 1-for-5 and not greater than 1-for-10, as determined by the board in its discretion.
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