May 3 (Reuters) - Iou Financial Inc IOU.V :
* IOU ANNOUNCES PROPOSED SHARE CONSOLIDATION
* IOU FINANCIAL INC - TO CONSOLIDATE ISSUED AND OUTSTANDING SHARES OF COMPANY ON BASIS OF ONE (1) SHARE FOR A MAXIMUM OF TEN (10) SHARES
May 3 (Reuters) - Iou Financial Inc IOU.V :
* IOU ANNOUNCES PROPOSED SHARE CONSOLIDATION
* IOU FINANCIAL INC - TO CONSOLIDATE ISSUED AND OUTSTANDING SHARES OF COMPANY ON BASIS OF ONE (1) SHARE FOR A MAXIMUM OF TEN (10) SHARES