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Re: None

Friday, 07/28/2017 12:29:54 PM

Friday, July 28, 2017 12:29:54 PM

Post# of 6602
@ Dalcan and golfblues...I just got off the phone with Amertrade. It does not seem that there is any restriction on turning around and selling. With A-trade, you will see the rights show up as a separate holding with a CUSIP# (like we did when the R/S happened) it may be 10-15 days before I can start trading the shares once I have exercised my rights. With A-trade I can exercise my rights directly through them in minutes. If you use a broker, their policies and procedures may be different, but if you hold the actual certificates of your shares it will have to go through the transfer agent.

I would assume that if you normally purchase your shares anywhere other than A-trade, your certificates or rights will show up on your account and you should be able to exercise them with that company/broker. I suggest you call them soon so that you know what you want to do and how to do it before the ex-date. (that is not the record date) There will be a time period that you will be able to exercise your rights, as far I know, from what has been released so far, that period has not been established/released.

Also, be aware that it is possible to buy more than your allotted rights. That depends on the number of shares you own and the number of rights that are not exercised.

Hope that helps
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