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PTYA SEC Suspension:
http://www.sec.gov/litigation/suspensions/2013/34-69446.pdf
ORDER:
http://www.sec.gov/litigation/suspensions/2013/34-69446-o.pdf
ADMIN Proceeding:
http://www.sec.gov/litigation/admin/2013/34-69447.pdf
PTYA @ .50 - *up 19.33% so far since alert...
*http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75425688
To buy more LLEG i will look at wdrp
Why did you sell? For the dividend? check out WDRP
I sold a few months back - check out my favorite LLEG
Anyone following this stock?
What is going on here?
Are you following this company?
What is this company doing?
Seems like this company is going to start selling parts off.
I have been following this for a while, there has been no news and nothing to retain its shareholders. Why has this not started going down?
Anyone follow this?
There isn't one. They had dividends last year because they sold of part of their insurance company.
Am waiting for the divi myself - 3 or 4 weeks?
not a lot of traffic here,
anyone knows anything about the march dividend?
"liquadating" no problem if this company sells off pieces,I have tracked footstar company and they keep giving out dividends to the shareholders as they wind down and the payouts in pieces are adding up to more than the whole.Strange but true !
It also appears that they are under state or regulatory control and still looking to liquidate. That could be scary for those who own shares way above current prices, but to me, I think it could mean additional sell offs of assets and subsidiaries and more cash dividends from those sells further down the road.
I don't think so. The dividend comes from the sell of the UIG subsidiary. The others should still be intact, unless I've missed something.
This is what their last 10-k said (2008):
Penn Treaty American Corporation (“Penn Treaty”) is registered and approved as a holding company under the Pennsylvania Insurance Code. Penn Treaty was incorporated in Pennsylvania on May 13, 1965 under the name Greater Keystone Investors, Inc. and changed its name to Penn Treaty American Corporation on March 25, 1987. Our primary business is the sale of long-term care insurance, which we conduct through the following subsidiaries:
•Penn Treaty Network America Insurance Company (“PTNA”) — a Pennsylvania-domiciled insurance company;
•American Network Insurance Company (“ANIC”) — a Pennsylvania-domiciled insurance company; and
•American Independent Network Insurance Company of New York — a New York-domiciled insurance company.
We also conduct insurance agency operations through the following subsidiaries:
•United Insurance Group Agency, Inc.—a Michigan-based consortium of insurance agencies;
•Network Insurance Senior Health Division—a Florida-based insurance agency brokerage; and
•Senior Financial Consultants Company—a Pennsylvania-based insurance agency brokerage.
all rite now, i tried to gather as much as info i can about this company and its still not clear, is this company gonna be liquadating? which means are we gonna completely lose our original shares and just keep the .15 divident, or are we going to be able to sell our shares once the divident is payed out ? can someone explain this for me if you know something more.
thanx
It will right before the 11th
Very slow up ticking, I thought with a divvy this would go much faster.
DOS
Will be very interesting to see how this plays out, very rare indeed!
DOS
Picked up a few here for the div. lets see it move a bit more....
Record date..12-11..payment date..12-18
http://www.otcbb.com/asp/dividend.asp?sym_id=PTYA&dDate=12/11/2009&sDateType=Record_date
PTYA - Penn Treaty American Corporation (NEW) Common Stock
Declaration Date:
-- Ex Date:
12/21/2009 Record Date:
12/11/2009 Payment Date:
12/18/2009
Dividend Type:
Cash Dividend Dividend Amount:
0.15
Notes:
Due Bill Redeemable Date: 12/23/2009
=============================
Previous:
http://www.otcbb.com/asp/dividend.asp?sym_id=PTYA&dDate=8/24/2009&sDateType=Record_date
PTYA - Penn Treaty American Corporation (NEW) Common Stock
Declaration Date:
-- Ex Date:
9/1/2009 Record Date:
8/24/2009 Payment Date:
8/31/2009
Dividend Type:
Cash Dividend Dividend Amount:
0.15
Notes:
Due Bill Redeemable Date: 09/03/2009
================================================
FYI:
SECURITY ADDITIONS
Updated Symbol Company Name Effective Date OATS Reportable Flag Unit of Trade Comments
10:04 PTYA Penn Treaty American Corporation (NEW) Common Stock 10/3/2008 Y 100 From NYSE (PTA)
http://www.otcbb.com/asp/dailylist_detail.asp?mkt_ctg=ALL&d=10/03/2008
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