InvestorsHub Logo
Followers 3180
Posts 208744
Boards Moderated 2
Alias Born 02/04/2004

Re: MrBaseball post# 43093

Thursday, 09/17/2020 8:25:50 AM

Thursday, September 17, 2020 8:25:50 AM

Post# of 63075
Just read yesterdays PR ok MrBaseball, if you owned PASO shares at end of day yesterday then by this Friday's settlement/dividend cut off date, you will now automatically receive 1 Series C dividend share for every 5K PASO shares owned ok.

And they can then be automatically converted at a 200/1 conversion ratio 1 year from now.

Or if folks want to receive the additional 50 dividend shares conversion offer...they can instead choose to fill out the form in yesterdays PASO dividend PR next monday forward, and submit said form to their brokerage firms, which will then mean a far more lengthy red tape process to get the 250/1 conversion 1 year from now, opposed to the automatic 200/1 conversion should you or any other PASO shareholders of record choose to do nothing ok cheers!


Never buy or sell based on my posts! My posts are just my opinion!