JN, if you held JPHC/PAIV shares then you do nothing. Your broker should have delivered your personal information along with your share count to the TA. The TA will convert your JPHC/PAIV shares to PAVC restricted and mail you a cert for those shares. May 19, 2006 is the start date for the restricted period. After one year, you are eligible to sell a portion of your shares under SEC rule 144. You however will be required to go through a broker, and it is quite possible your current broker does not handle restricted shares, as there are several that do not. If that is the case, you are free to either approach another broker, or wait the full two years then send the cert to your broker. The broker will assist in the 144 paperwork, and in getting the restriced legend removed from your cert (for a fee). If you frequent the RB message board, I posted on there some time last year a fairly detailed procedure for handling restricted shares. I can't remember the post # though. In any event, holders of JPHC/PAIV shares will receive the converted PAVC shares in the form of a restricted cert mailed to your home.
Do we need do anything for JPHC to PAVC change? or our broker help us do that? when JPHC/PAVC shares will allow to be traded?
Thanks.
AI
