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Can you please summarize in easier terms. Thanks. Just wondering if I should excercise the warrants before this happens.
Thank-You
Your probably not going to be happy!
Question for the Board:
For the US residents who recieved the distributions as shares, did it show up as a taxable dividend event on your 2011 tax forms? In Canada it is been deemened taxable for which I have to pay taxes on. I understand this but if I now sell the shares do I have to now pay capital gains tax? If so, that would be paying tax twice on the same shares. I have a call into Investor Relations (this morning) and they have not had the decency to return my call. I have been waiting all day!
Thanks
According to the market, not good.
Where have you've been over the last two years?
Pumping it up! Paid pumper?
Hi Popper - Can you give me your e-mail address so we can discuss further? Looks like the WHTAX is a withholding tax for which apply as a credit towards your Canadian taxes. I deal with Royal Bank and there was no withholding tax taken off. I am going to get dinged regarding my 2011 taxes. I am going to call Chemtura and Royal Bank as to why this is a dividend payout.
Question for the board
I sold some CHMT in August of last year and I just recieved a T5 statement (for taxes) from RBC Action Direct (online broker) and they classified my sale as dividend income instead of capital gains. Has this happened to anyone else here? Particulary Canadians?
Thanks in advance
Actually I just received my shares (no cash yet).
Thanks. By the time I get the shares up here in Canada we will probably be alot lower then where we are now. Cannot wait to unload my shares!
Pump it up - Pump and dump - This is a joke stock - POS
Was the conversion that you posted awhile ago correct? Thanks
I have not recieved my shares as of yet up here in Canada.
How many old shares did you have?
I need it at 90.00 to get back to what Mr R offered the EC. Oh how the EC screwed us!
and the BS continues here!
I believe they call this manipulation.
Looks like more manipulation this morning. Clayton must have sold!
Who cares anymore about this POS?
Anyone recieve their distribution yet?
Me too! Cannot wait to unload my "lucky" shares. Cannot beleive that a company can voluntarily take a company into BK and be allowed to screw the shareholders yet at the same time rewarding themselves for taking the company in BK. And this is all allowed under US BK rules. Something is very very wrong with the system.
Just a dream!
Looks like the three on the left have been feeding well at the trough!
Late day sell off?
Not to much action today. Nice little run over the past week though.
Me too in Canada using RBC Action Direct. Just spoke with them and they said that they do not lock the shares , that we are just not supposed to trade them.
Yes - Still holding and waiting for takeover. Collection dividends in the meantime.
Yes - Still holding and waiting for takeover. Collection dividends in the meantime.
Yes - Still holding and waiting for takeover. Collection dividends in the meantime.
Anyone recieve a distribution of shares/money yet?
This should bode well for us:
http://finance.yahoo.com/news/dupont-titanium-technologies-announces-price-150000504.html
"On February 22, 2012, pursuant to Chemtura's previously-approved 2010 Long-Term Incentive Plan, the Compensation Committee approved the value of stock option, restricted stock unit and performance share grants to be made to our named executive officers on March 1, 2012: Mr. Rogerson - $4,500,000; Mr. Forsyth - $975,000; Mr. Cross - $775,000; Mr. Swiech - $635,000; and Ms. Flaherty - $710,000. The grants will be made in 45% restricted stock units, 30% stock options and 25% performance shares. The stock options and restricted stock units will vest ratably over three years from the date of grant, and the exercise price for the stock options will be based on the closing price of our common stock on March 1, 2012. The performance shares measurement period will be three calendar years, and the performance shares metric will be relative total shareholder return against the Russell 3000 Index."
4.5 Million - WOW - I guess were getting the "carrots"
Hi Natomas, You still holding the warrants?
No additional shares/money as of 5:00 AM this morning.
We should have the shares and money by this Saturday.
Me too! I fell for the scam.
You sound surprised here. My expections are so low here that nothing surprises me.
I guess the #'s werent that good, as indicated by the pps today.
"While WaMu shareholders may only have recovered two cents per share worth of value for themselves, the fact that they recovered anything at all is a testament to their persistence and willingness to challenge the conventions of corporate bankruptcies".
We're only getting 2 Cents/share?