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Friday, May 19, 2006 10:38:09 AM
The NASD/SEC will NOT IMO allow them to arbitrarily set their own "record" date without financial information being available to evaluate. Information about Grifco's ever mysterious share count will need to be made available from the transfer agent, and the process of when the shares go ex-dividend, ie when they start trading without the CTBG dividend will again IMO HAVE to be known.
Otherwise the fleecing of individual investors would be just too blatant, and easy.
IMO, you're still trading away shares of CTBG when you're selling GFCI, and you're still buying the right to recieve any theoretical dividend shares of CTBG when you're buying GFCI stock today, tomorrow and probably through next Oct.
All IMO of course.
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