PGI Energy, Inc. (PGIE)

[TradingGems]

You will get the additional shares, and whatever the market value pps is at that time will determine the value of your shares. Your broker cannot put a set price on the shares being issued. Only the market can determine that. For example: before the market opened today, the post split pps reflected an exact 3 for 1 F/S (.05 something, lol). . .at least in my account it did, but once the market opened, pps was immediately at .11 (.33 pre-split)which was substantially higher than yesterday's close. However, something unknown to me took place because that pps didn't come from buying, rather, it just came, lol. Who knows, perhaps the company wanted to kick us a little bonus!

Bottom line: the shares you receive will be valued at the market price.