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TEX

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TEX

Re: gmarc66 post# 5787

Friday, 02/15/2008 4:55:37 PM

Friday, February 15, 2008 4:55:37 PM

Post# of 13011
Well, for one thing, how can the Daily List tell whether you're viewing it from Canada or the US? I see only one ex-date:

http://www.otcbb.com/asp/dividend.asp?sym_id=HLDI&dDate=1/9/2008&sDateType=ex_date

"The ex-date is the date
on or after which a security is
traded without a specific dividend or
distribution."

"For example, if an
issuer has announced August 10 as
the record date and August 31 as
the payable date, then the ex-date
will be September 1, the first
business day after the payable
date. In this example, September 1
is the day on or after which a buyer
would purchase the security without
the dividend and, therefore, the day
on which the price of the stock is
adjusted downward. In this
example, a seller of the security on
August 15, even though the holder
of record to receive the dividend,
would have to relinquish the
dividend to the buyer."


from http://www.finra.org/web/groups/rules_regs/documents/notice_to_members/p003997.pdf

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