Wednesday, September 15, 2010 12:45:16 AM
What KH meant is that if you want to trade your shares of SDVI and convert them to Graffiti, you will also get an additional 200 shares of SDVI to 1 share of Graffiti. If you do this, then it is similar to having 100 shares of SDVI to 1 share of graffiti. The only difference is that you will no longer have SDVI shares. You will only have Graffiti shares.
Example. If I have 1 Million shares of SDVI, just for the dividend, I will receive 5,000 shares of Graffiti. I have the option of keeping my SDVI shares or converting them to Graffiti.
If I decide to keep my SDVI shares, I will now have 1 Million SDVI and 5,000 Graffiti.
If I convert my SDVI shares, I will now have 0 shares of SDVI and 10,000 shares of Graffiti.
Hope this helps with the whole 200 to 100 shares deal.
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