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Saturday, March 18, 2006 11:51:43 AM
By: johncee1
18 Mar 2006, 10:09 AM EST
Msg. 36572 of 36613
(This msg. is a reply to 36570 by seatown73.)
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As I posted before tpid could mirror the exact share structure ssty has and give us a one for one dividend. Since it will be restricted for a year it won't affect the current pps of ontv/tpid and by the time the become unrestricted like you said it won't matter anyway, there will be so much revenue and so many investors trying to get in, dilution will not be a problem.
Quote from the press release "SSTY's board intends to then approve the spin-off of TPiD-US through the dividend of 100% of the SSTY shares of TPiD-US to all shareholders of SSTY. The dividend will be payable on a record date to be determined by the SSTY board."
Quote from the transcript of the last video:
"The answer is one that you’ll be very happy with. Very shortly Suretrace shareholders will be holding shares in a publicly traded bb company. That’s the headline, now let me back into the details. One of the benefits is, you’re not only going to be holding shares in a publicly traded company, and it’s going to be a new company. You will still have all the same, you will still have all the shares in the same position that you have in Suretrace, but were going to start a new company."
You will still have all the same shares in the same position that you have in Suretrace is what Cimino said.
You are completely responsible for your own investment decisions and who and what you believe
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