InvestorsHub Logo
Followers 0
Posts 143
Boards Moderated 0
Alias Born 06/30/2006

Re: None

Wednesday, 12/20/2006 2:04:25 PM

Wednesday, December 20, 2006 2:04:25 PM

Post# of 38584
here's the reply from Scottrade

Thank you for your email. I spoke to our Dividend Department regardingthe below security. The shares distributed are not DTC eligible, andthat lack of eligibility can only be resolved by Equitable Mining. Thespin-off company is Soma Petroleum; we have been advised that thoseshares will be restricted when issued, and non-tradable for therestriction period. What that restriction period will be is up toEquitable Mining/Soma. When a Pay Date is scheduled by DTC, Scottrade will be ready to acceptyour shares and credit them appropriately. To date, there is no PayDate to release the shares.