uWink Inc. (UWKI)

[Rawnoc]

With spinoff, you generally have until the day of actual distribution to buy the stock and still receive the additional shares. Here's two examples where the ex-dividend date is the day of the distribution date (SEC law I believe), regardless of what date the PR says is the record date:

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/12-29-97/385867&EDATE=

http://www.allbusiness.com/banking-finance/financial-markets-investing-securities/5618204-1.html

Just like a stock split, a record date is announced days or weeks ahead of the actual stock split, but you still get your shares if you're a buyer just the very day before. UWKI's PR says distribution date of the 20th so buyers on the 19th should still get the spinoff shares.

(no position at this time)