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Re: buford78 post# 181647

Wednesday, 07/12/2023 4:36:15 PM

Wednesday, July 12, 2023 4:36:15 PM

Post# of 198928
Remember yesterday's disclosure isn't the actual deal, only an example deal.

But it sounds like the example dividend date would be 15 days after the six months period before the Make-Whole calculation. ie you could buy additional shares to increase your proportion of the dividend in the six months interim.

I'll quote these paragraphs in opposite order because they're clearer that way:

https://www.otcmarkets.com/otcapi/company/financial-report/376167/content

During the six-month period between the close of the transaction and the Make-Whole calculation, the shareholders of Company E will be able to sale or acquire additional shares of Company E. The holders of common shares of Company E will be entitled to their proportionate share of any shares required to be issued under the Make-Whole calculation,


The dividend will be declared 15 days after the Make-Whole calculation so that any shares required to be issued based on the calculation will be included in the dividend and paid upon receiving final regulatory approval