Thursday, August 27, 2009 8:56:30 AM
Monday a Press Release will detail what you will need to do with your BZTG holdings to convert to Heffernan Inc. In short you will need to advise the company of the amount of stock, the brokerage name, account name and account number.
If you are holding a certificate we will need to know the Certificate number to verify the Certificate.
The next step will be a contract in relation to the exchange will be sent to your broker, this will need to be signed by you, and then the broker will carry out the instructions contained therein.
After the stock is delivered to Heffernan Inc you will be paid the dividend and issued the new stock. We strongly advise against anyone holding the stock past the contract date. There is no certainty that the listed entity will be maintained in its current form, this may include stocks splits, sales or the sale of the entire entity.
Heffernan Inc is a conglomerate with a wide range of commercial activities and interests spanning five continents. Heffernan's principal areas of operation are in the Asia Pacific region, and centre on the Greater China area.
A number of new brands, investments and assets will be included in Monday's release. All concerned should read the contract carefully, seek advice of investment professionals and read the company releases before making a decision on their own direction.
Heffernan Inc has adopted the no debt, no dilution policy of Buzz Inc.
http://www.livetradingnews.com/buzz-inc-becomes-heffernan-inc.htm
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