InvestorsHub Logo
Followers 0
Posts 46
Boards Moderated 0
Alias Born 11/08/2007

Re: gandr1323 post# 22565

Saturday, 11/17/2007 8:25:11 PM

Saturday, November 17, 2007 8:25:11 PM

Post# of 27672
So, if we get preferred shares of TCHH after the merger, they should be valued at or around $1.30. This will be something new for TCHH. Presently, they don't have any record of paying ANY dividends on either common or preferred shares. Check it out at http://www.otcbb.com. That being said, maybe they will start paying dividends at some point. However, how do you go about selling the shares? Most companies sell preferred shares at a fixed price with a promised return. We certainly should hear something about that when the details of the valuation and merger terms are disclosed. Make sense? I bought PAVC to make money. I either want to sell my converted shares - some or all - of TCHH to cover my investment or wait till the dividends start rolling my way. The way TCHH is rolling, that should'nt be too long. By the way, the 8-K DOES SAY "preferred" shares.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.