IAHL Corporation (IAHL)

[FullHouseBaby]

i was just going to point out what the PR says:

NEW YORK--(BUSINESS WIRE)--IBAC Corporation (Pinksheets:IBCX - News), a hospitality holding company, today announced that the Board of Directors has approved a 25% stock dividend to all common shareholders of record December 1, 2006, and payable December 15, 2006. The action was approved at a board meeting on November 10, 2006, with the effect of adding 25% more shares of IBCX. Edward W Hayter, Chairman & CEO, stated: "The dividend reflects the on-going success of the Company and rewards shareholders for their continued support. We are proud to present our shareholders with this third stock dividend by the Company in its brief two and a half year history."

The question i have is:

1. Does it could if one buys the stock yesterday or today since it takes 3 days to clear from the day of purchase.

2. Does one have to hold on to the stock till the Dec 15th? and why? It didnt say it on the PR.

Thanks.