September 13, 2016 08:30 ET
REDONDO BEACH, CA--(Marketwired - Sep 13, 2016) - SECFilings.com, a leading financial news and information portal offering free real time public company filing alerts, announces an article examining U.S. Geothermal Inc. (NYSE MKT: HTM).
According to a recently filed proxy statement, the Board of Directors and Management Team of U.S. Geothermal, a leading and profitable renewable energy company focused on geothermal energy, is recommending and proposing a share consolidation, otherwise known as a reverse stock split, in order to increase its share price and attract more institutional investors and brokerage firms. With a current price of $0.72 per share, many institutional investors and brokerage firms have internal restrictions on stocks below certain trading price thresholds and are prevented from buying shares of U.S. Geothermal.
This article takes a look at the importance of the upcoming vote and why a reverse stock split could be in the best interest for shareholders over the long-term. To read the full article, please click here: http://analysis.secfilings.com/articles/63-u-s-geothermal-htm-stock-split-could-draw-more-institutional-investors-and-retail-brokers
Founded in 2004, SECFilings.com provides free real time filing alerts to over 600,000 registered members and offers services to help public companies grow their audience of interested investors.
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