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Novori Reverse Stock Split, Capital Increase Take Effect
| Novori Reverse Stock Split, Capital Increase Take Effect |
| ˇú Form www.0755zb.com 2008-12-10 |
Online diamond jeweler Novori opened share trading on December 8, 2008, with a 1-for-20 reverse stock split and an increase in authorized capital from 150 million to 170 million shares. Novori's stock symbol is now NVOR.OB. The share price opened at 16 cents and rose 890 percent to 99 cents in morning trading.
Based in Bellingham, Washington, Novori was founded in 2004 as an online interactive retailer of diamond engagement rings and fine jewelry. Novori's selection includes low-priced independently certified diamonds, settings and fine jewelry.
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