InvestorsHub Logo
Followers 699
Posts 56929
Boards Moderated 5
Alias Born 04/24/2000

Re: Jim Bishop post# 44410

Wednesday, 05/18/2005 11:04:15 AM

Wednesday, May 18, 2005 11:04:15 AM

Post# of 285861
GVRP conversation with Lorraine at Interwest.

Lorraine confirms there are 33 million outstanding today. To make long story short, they adjusted their system for the 3 million F/S last Friday the 13th which is record date.

I told her that is wrong, that the F/S doesn't actually take effect until Ex Div date and NASD has set that date as May 23rd, Monday. She said, "that's not how we do it".

LOL I said, well that's how NASD does it and anyone selling those shares before Ex date, sells the split shares too.


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.