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Re: Joe Kaplan post# 44538

Thursday, 12/08/2022 7:30:01 PM

Thursday, December 08, 2022 7:30:01 PM

Post# of 44690
Joe, it's my understanding that the R/S only impacts you if you own ADRs. I never bought any, nor have I converted my RLFTF OTC shares to ADRs. I'm still waiting for RLFTF to 'force' me to convert my OTC shares to ADRs.

What's not clear to me is what impact will the ADR R/S have on the price of RLFTF. I suspect none. But I could be wrong. This whole ADR initiative is weird stuff that RAM is doing, and he doesn't communicate the mechanics of his intent to the SH. Other than his goal is to eventually convert all RLFTF shares to ADRs. I'm holding my breath on that one.

Hopefully someone else here who is 'in the know' on the ADRs can post on this topic.