Jpak Group Inc. (fka JPAK)

[adijas]

Got this reply from TDA last week

'After looking into JPAK and the reorganization in question, I do see a mandatory cash merger taking place between Guo Xin Ltd. and Jpak Group, Inc. The terms do say that minority shareholders of JPAK will receive $0.20 per share in connection with this merger. This is indeed a mandatory reorganization meaning that the payout will happen automatically at the expiration of the event and at the predetermined payable date. At this point there is no further details about these two dates.

There is an option where shareholders may request early payment, thereby accepting the cash consideration of $0.20 per shares, forever waiving all appraisal rights, withdrawals, any and all written objects to the merger and/or demands for appraisal, if any, with respect to the shares.'

After this TDA gave me instructions how to get this early payment. I decided not to do that and just wait (for now).