StockGuru News: On The Go Announces Reverse Split, New Ticker Symbol; Company Expects Improved Capital Structure and More Senior Investment Interest
On The Go Announces Reverse Split, New Ticker Symbol On The Go Technologies Group (OTCBB: ONGO) Company Expects Improved Capital Structure and More Senior Investment Interest CONCORD, Ontario, Aug. 9 /PRNewswire-FirstCall/ — On The Go Technologies Group (OTC Bulletin Board: OGHC - News), a leading multi-industry computer hardware, software and systems integrator, announced a 1-for-50 reverse split of the company’s common stock. The reverse split, effective as of market open Thursday, August 10, 2006, will reduce the number of outstanding shares. The company believes this will result in a higher price per share. The board of directors recently amended the…