PAIM - here is STOCK DIVIDEND EXPLAINED...
From the RB board...
By: t.mac29
14 Mar 2006, 11:29 AM EST
Msg. 22 of 24
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m/p -yes, you get the dividend if you are in by close today.
1000 for every 1 share you have.
delivered March 31.
Under new symbol PAMFX or something close to that.
Note - Pearl says they will be transferable back to
PAIM shares at the rate of 500 to 1.
So,
1,000,000 shares cost $200 or $300 hundred now.
hold till tomorrow and you will have
1,000,000,000 (1 billion shares on 3/31.
When you convert tham back to PAIM shares, you will
have 3,000,000 shares.
FWIW, If it is going to run,
PAIM is expected to run from 1PM-4PM(ET) today.
Then according to price, you can sell or get your Dividend
Shares.
