InvestorsHub Logo
Followers 44
Posts 2774
Boards Moderated 0
Alias Born 02/26/2004

Re: kmx_swing post# 135

Wednesday, 05/02/2007 2:26:07 PM

Wednesday, May 02, 2007 2:26:07 PM

Post# of 31931
That's pretty nifty!



According to the transfer agent no shares have been exchanged as of yet- most likely someone has sold short thinking the shares would arrive to cover.



Verification of Shares to be Delivered.


How will the shares be delivered by settlement date?
(Settlement date is trade date + 3 business days)




Deposit Certificate Certificates are in my possession, are registered in the name of the account and will be delivered to XXXXXXXXXXXX by Settlement Date.





Journal Shares, which are in good deliverable form, are being journaled from another XXXXXXXX account by Settlement Date.




Transfer Shares are being transferred from another financial institution, are registered in the name of the account and will be at XXXXXXXXX by Settlement Date.



XX Corporate Action Company is undergoing a corporate action (i.e., stock split, company name change, corporate exchange or acquisition, merger or spin-off) and shares will be in the account, in good deliverable form, by Settlement Date.


Exercise Shares to be issued in the name of the account by a transfer agent, as a result of an exercise of a right, warrant, or convertible security.