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Access Pharmaceuticals

Access Pharmaceuticals implements one for five reverse stock split

Published in Healthcare Finance, Tax and Law Weekly, July 5th, 2006

Access Pharmaceuticals, Inc., (ACCP.OB, formerly AKCA.OB) announced a one for five reverse stock split.

The company's new ticker symbol is "ACCP" and the company's common stock will be traded on the OTC Bulletin Board.

The shareholders at a meeting May 19, 2006 approved a five to one reverse stock split of the company's common stock. After giving effect to the one for five reverse stock split, the company will have approximately 3.5 million shares outstanding. Shareholders will be notified by American Stock Transfer & Trust Company, Access' stock transfer agent, regarding the process for receiving new share certificates.

The...

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