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I have not seen how many C shares are needed to convert into a single common share.
It is my belief that we are better off holding on to our C shares for a bigger payday versus converting to commons
BUT EVERYONE HAS TO DO WHAT THEY BELIEVE IS BEST FOR THEM.
I'm holding about 800K C shares across several accounts.
Corporate Action Terms ROLLS-ROYCE HLDGS ORDFCORP ACT EXP: 05/31/24
Since you hold XXXXX share(s) of ROLLS-ROYCE HLDGS ORDF in your account, you may choose how your holdings will be treated for this Corporate Action. We must receive your response by May 28, 2024, 7:00 p.m. ET.You hold 65000 share(s) in this account.
What Has Occurred
We are writing to let you know about a corporate action event that you can participate in.
Offer details:
·Holders of the Rolls Royce C shares are being given the opportunity to redeem their C shares for cash. Those holders would receive 0.001 British Pounds (GBP) for each C share surrendered (approximately $0.0013 USD, based on the currency exchange rate as of May 3, 2024).
·Holders can elect to redeem the C shares and reinvest the proceeds to purchase additional Rolls Royce ordinary shares. Please note holders who elect this option will accrue costs of 0.50% Stamp Duty and 0.20% Commissions, which will be deducted automatically. These are not Schwab costs/fees.
·Holders who wish to retain their C shares do not need to take any action.
·Fractional shares will not be issued. Holders who choose to redeem or reinvest will not receive an allocation of fractional shares.
What this means for your account and your C shares:
·Redeem: Submit all or a portion of your C shares for cash.
·Redeem and Reinvest: Redeem all or a portion of your C shares and use the proceeds to purchase additional Rolls Royce Holdings ordinary shares.
·Decline/Take No Action: If you do not wish to participate in the offer, no further action is required, and you will retain your C shares.
How to participate in the offer:
1.The offering material contains important detailed information that must be read in its entirety before any decision is made with respect to this offer.
2.If you have any questions concerning the terms of the offer, or for a copy of the offering
materials, please contact Equiniti Limited (the Registrar) by phone at +44 (0)371 384 2637 (international call).
3.Follow the steps below to provide your instructions to Schwab.
Additional information:
·The currency exchange rate as of May 3, 2024 was 1.00 GBP = $1.26 USD.
·Once you have given instructions to Schwab, they cannot be changed or withdrawn.
·Participation in the offer may be subject to local tax withholding, if applicable.
Submit Instruction To Schwab
It is your responsibility to ensure you submit instructions by MAY 28, 2024,07:00 P.M. EST .
Come on - if she is out put her out - why keep dead weight around for longer than necessary. CUT HER LOSE AND CANCEL ALL UNEARNED SIGN ON UNITS - Time for the circus to let go of what is keeping it down - RELOOK AT THE ENTIRE C-SUITE AND DUMP WHAT DOESN'T ADD VALUE.
Bought some BRSHW this morning .009 - looking for a run when the meme run BRSH again.
I set my FFIEW's at .40 for shites and gigglies. I sold my commons wayyyyyy to early, I just trust a ticker that was 6 cents one day and a week later pushing $3
2024 ANNUAL GENERAL MEETING OF ROLLS ROYCE HOLDINGS PLC
https://www.rolls-royce.com/~/media/Files/R/Rolls-Royce/documents/investors/AGM/agm-2024/notice-of-agm-2024.pdf
NOTICE OF GENERAL MEETING OF C SHAREHOLDERS
https://www.rolls-royce.com/~/media/Files/R/Rolls-Royce/documents/investors/AGM/agm-2024/notice-of-general-meeting-of-c-shareholders.pdf
I followed you into UNCY when I sold out ARDX @ $7.45. ARDX owes me nothing as I entered at $1.13 long ago. Hoping to have the same return from the favorable entry in UNCY - I will continue to add on any drops that might present themselves.
You and Cosa are very in tune with the ins and outs of trials, approvals and the like whereas I fly by wire, I use gut feeling and how management treats shareholders and I just didn't like the feeling I was getting when looking at all the freebies self dealing of shares.
I wish all who remain the best of returns - There was a time when I realistically thought $25 - $30 - wish I still felt that way. ARDX certainly wouldn't be the first party I left too early.
Elizabeth Grammer seems to think $9 is the top because she set 45K shares to sell there according to her 144 filing
The market obviously sees something I don't - Huge volume and nice price action.
Great, see ya at the end of Q3
Wanna bet they do an offering? Sorry but the game plan seems too "pumpish". Conference news on the 1st and magical numbers out the 2nd???? Dig into the Q don't listen to what they say, read what is in the Q. Enjoy the run.
That's why I've moved over to the big boards, still lots of scam on Nasdaq but don't see many of the 100 BILLION share scams.
I'm still heavily tilted towards warrants anyway.
Couldn't resist - I bought some tickets also, could be interesting which way she goes from here.
The RS makes no sense, they could just lop 80 BILLION off the AS and that would increase the value but 10,000 to 1 is just theft. It would rocket back down to no bid as this ticker has no business worth a sht.
insiders own less that 2 MILLION shares out of 2.4 BILLION they own nothing and just write a RS whenever they have a new scam to try out on dreamers.
monthly cash distribution $0.022864 per Unit, based primarily upon the reported production of the Trust’s subject interests during the month of February 2024, by the owner of the Subject Interests, The
distribution is payable May 14, 2024, to the Unit Holders of record as of April 30, 2024.
I have begun making small adds to my position for the TRUMP EFFECT when re-elected.
Yikes, RedChip is usually the kiss of death for all the stocks they have pumped or paid promoted
Thanks, I threw some bait in the pond, let's see if it catches any.
Looks like $GCTK will reach news highs this week
Not likely, they are going to try and buy stuff with 500 BILLION worthless shares, now tell me what kind of value will the crap have that sells for .000001 per share?
Worthless crap IMO
I believe it is delayed 15 or 20 minutes
Corporate theft IMO. The CEO and her board of minions should be excluded from any voting on this.
Everyone buys crap that turn to shite, this is that stock. Now the head criminal wants to bump this turd to 500 BILLION AS.
When the lil fat man talks the stock always dives
MRSN under $2
I'll be fine, my cost basis was $1.13 - $1.33 per share so my exit was fine, I should have gotten out at $9 but then I started thinking about every move mismanagement was making to drive the price down - I think it still has much downside to go.
I could be wrong but I made money which is what I always attempt to do.
Gee I was really stupid getting out $3.65 higher per share on the 10th. I could have waited and cashed in about $3000 less - That would have been really smart HUH?
TDA blocking buys Rule 15c2-11
Picked up some lotto tickets here on the delist news.
When it gets into the 50s I'll start adding for the Trump effect when he wins in November and energy will once again be done in America. Once elected I expect this to fly like a rocket back into dollars not cents.
dividend of $0.12 per share will be paid May 30, 2024 to holders of record of the Company’s common stock on April 30, 2024, with an ex-dividend date of April 29, 2024. The Company plans on announcing its next common stock dividend on May 8, 2024.
Been ringin the heck out of it since Friday. Sold a bunch of stocks.
ARDX about $11K worth
Today I let my .62 BCHGs go at $16.01 and $16 - so banked $3200 and $3198.xx
Then later in the day the OPTXW went off.
Can't wait to see what tomorrow brings I'm looking to sell the SBNY .153s I'm still holding, was looking for $5 but I got them for sale at $4 (this one I have in 4 accounts - It's an Expert Market ticker. Sold the SBNYL long long ago at .75 - 2.75
2024 looks to be a fun year for my group of family accounts I run.
I don't what to believe at this point. If the offering was as the news reported it barely dropped. But in the S1A it said .314
Who knows?
How ya been all these years ?
Sold OPTXW
Bought $31
Sold $344.75
It is what the Greek shippers do to artificially inflate their pps. Boats float but this sht stinks damn dirty olive oil people.
I'm all out - good luck to all who remain - may you make a fortune. I'm on to new adventures when I find some
More than one source is saying .14 but the S1A that took effect showed the .314 as the offering price before some BS about it could be different.
I guess .14 is different
Ohhhh my eyes all I see this morning is RED RED RED everywhere I look
They got it wrong, my info came straight off OTCMarkets this morning. Globe substituted the smackdown price by mistake IMO