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Tuesday, August 24, 2010 2:27:25 PM
The next step is that they will be converted in the SCFR symbol which is a publicly traded entity. The conversion of your GOTV shares will be 1:1 with SCFR. This means you will have the same exact number of SCFR shares as you DID GOTV. This is not an additional 1 for 1 as you are thinking. He just wanted to let you know that when your shares convert over to the publicly traded corporation that you will be caring over the same amount of shares.
Once it is converted over to SCFR the symbol will be changed to the new ticker that the GOTV subsidiary decides to trade with. I think it is safe to assume it will most likely be GOTV.
So all those weird names from the GOTV divys from each issuance should consolidate into one amount under one ticker and we are hoping the restriction will be removed and will become tradeable in your account.
Hope this helps. I think he uses the word converted in the PR also.
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