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Monday, February 16, 2009 8:14:43 PM
2/13 = Their Record Date (last trade date) for Purchasing Shares which Will Qualify - for also RECEIVING the Tech Side Shares (uWink Interactive Shares).
2/13/09 WAS The Last Trade Date.
It's Not 3 business days PRIOR to the 13th, or 3 Business Days Later from any Trade Date up to and including the 13th (RE: known as a Stock Trade's Settlement Date) - Nor is it 2/19/09 - One day prior to their intended distribution date of 2/20/09. - According to uWink.
This is what They Said on 2/2/09:
"uWink also announced today that it has set February 13, 2009 as the record date for the previously announced spin-off of its technology licensing business as a separate non-reporting company, which will be accomplished through a pro rata stock dividend to stockholders. As previously announced, the Company intends to effect the spin-off such that stockholders will receive restricted shares of the spin-off company so that no trading market will develop for the common stock of the spin-off company."
"Each uWink stockholder of record as of 5:00 p.m. Eastern Time on February 13, 2009 will receive on the distribution date one share of common stock of the spin-off company for every share of uWink common stock held. uWink is currently taking the steps necessary to complete the spin-off and expects to be able to effect the stock dividend on or about February 20, 2009, although this date is subject to change."
Checked / Confirmed - what they said (2/13) is what they mean.
BTW: They expect that the 20th distribution date should be met
"although this date is subject to change", as they had said...2/2/09
uWink - uWait - Netman
I base my personal decisions on my own DD, research, evaluation, constant re-evaluation, insight and information. Everyone should do their own DD, and constantly evaluate their own conclusions IMO.
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