What is a split or reverse split?
In a split the number of SOIs outstanding is increased and the price/SOI is decreased. For example, in a 2 for 1 split you would have twice the number of shares worth half the price. This is done to increase the number of shares outstanding because there is a lot of demand. Your percentage of ownership is not affected and the split should make sales easier. In a reverse split the number of SOIs outstanding is decreased and the price/SOI is increased. For example, in a 1 for 2 reverse split you would have half as many shares worth twice the price. This is done to decrease the number of shares outstanding because there is low demand. Your percentage of ownership is not affected and the reverse split should make sales easier.
