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Thursday, July 27, 2006 8:38:28 PM
The company has the right to do a mandatory reorganization. A mandatory reorganization is the result of an action taken by the company that affects the shareholders, where clients are forced to exchange their shares for something different.
In your case your shares were exchanged for convertible debentures. According to the information we received, shareholders received .000001 of the convertible debentures for 1 share of PAIM in the 90% buyback.
We urge you to contact the company directly for further concerns regarding this issue and for more information.
Thanks,
Maggie K.
Client Services, TD AMERITRADE
Division of TD AMERITRADE, Inc.
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