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Re: flptrnkng post# 34845

Tuesday, 07/17/2007 2:09:42 PM

Tuesday, July 17, 2007 2:09:42 PM

Post# of 81574
This from TDA

What is the $20 mandatory reorganization fee?

Mandatory reorganization fees are charged when there is a reverse stock split, a mandatory cash merger, or exchange of shares where stockholders have no choice in the reorganization (it is mandated by the issuer for all outstanding shares). An example of this would be company mergers or acquisitions. Where these actions are not open market transactions, they will require TD AMERITRADE to re-register the affected stock under a new CUSIP via manual entries on your account. This fee is charged to cover the cost to TD AMERITRADE to re-register the stock and to facilitate the reorganization in your account.

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Not quite sure if it applies in CHDO's case, it's not a reorganization, right. Still, they have mandated an exchange of shares for all shareholders. Give TDA a call, adrenaline.

Regards