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Re: ks1977 post# 117483

Thursday, 08/24/2017 3:34:51 AM

Thursday, August 24, 2017 3:34:51 AM

Post# of 163716
ks This happened many years ago when the number of shares was a fraction of what it is now. I have a poor memory and I don't remember the details. I suspect that he may not have understood the possible implications of the collateral shares. It may be a good idea to repay the loans related to the collateral shares before the ex-date but I am not sure that Solomon understands why. This is especially so if collaterea shares have been sold. It that is the case it is desirable that they can be bought back cheaply. Otherwise I think they will not be bought back and our direct stake in Triway may be significantly reduced because of dilution.

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