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Friday, 01/26/2007 3:00:08 PM

Friday, January 26, 2007 3:00:08 PM

Post# of 38584
Interesting Dividend facts from Fidelity...

I called to ask about the warrants and while I had the person on the phone I started to ask about the divi. So I made some progress for the first time, since I actually found out something...

The TA sends out a Master certificate to the online firms. Shareholders, if they want the certs, need to request that their personal shares be "split" from the Master Certificate...

Here is the quote from the agent (it was an Instant Message)...

"I contacted a Control and Restricted Securities Specialist and discussed this situation with the specialist. The transfer agent delivered a master certificate representing all shares held in street name by Fidelity. We have that certificate. To get your shares split off the master certificate so your shares are there unrestricted and then tradable, we can contact the transfer agent and have them reissue the shares for your account. That process will generally take seven to ten business days. In speaking with the Restricted Securities Specialist, he can initiate the request immediately to get the process started."

So in 10 days they should be split and then I should be able to order the certificates. Hope this helps.

I have to leave now, good luck with the last hour, hope we get an EOD run.