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

Re: None

Friday, 07/24/2009 8:07:36 AM

Friday, July 24, 2009 8:07:36 AM

Post# of 1914
I got some interesting info from Peregrine systems yesterday [ The BK company I had mentioned before as one who reorganized and even payed back a % to common shareholders]. After 5 years they have found another 55 million dollars to distribute- aprox .11/shr more . It's a nice $10k bonus to me since I thought the process was done and I was pleased with my settlement at the time . But receiving the paper work from the court reminded me of something everyone who is buying the trusts should be aware of- there will likely be a shareholder of record date that you must own your securities by- [kinda like a divi date with other stocks]. With Peregrine systems the court set the date to be eligible for payment and after that date I think the stock also stopped trading or soon after that date the stock was stopped or just stopped trading. As we get closer to payout here I would think that may be the case here too.