JDoggs_Money Monday, 05/09/16 09:09:41 PM Re: Jenkens post# 28 Post # of 67 Interesting...I get it now. So these shares represent a potential payout for any acquisition by Ligand. The payout amount is variable based on the takeover targets and stock prices on specified dates. This ticket is Ligands 'General' value right account...so future acquisitions could payout. Essentially like a dividend. "One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute." - William Feather.