These excerpts taken from the GOLF 10-K filed Mar 3, 2009.
On May 25, 2006, the Companys Board of Directors approved a 1-for-2.2798 reverse stock split for its issued and outstanding shares of common stock. The par value of the common stock was maintained at the pre-split amount of $0.001 per share par value. All references to common stock, stock options to purchase common stock and per share amounts in the audited consolidated financial statements have been restated to reflect the reverse stock split on a retroactive basis. In connection with the initial public offering, the Companys stockholders approved an amended and restated articles of incorporation providing for an increase in the number of
authorized shares of the Companys common stock to 100,000,000, of which 15,777,185 and 15,777,145 shares were issued and outstanding at January 3, 2009 and December 29, 2007, respectively.
On May 25,