InvestorsHub Logo
Followers 26
Posts 1876
Boards Moderated 0
Alias Born 01/23/2008

Re: marianothis post# 1065

Sunday, 05/15/2011 2:25:09 PM

Sunday, May 15, 2011 2:25:09 PM

Post# of 23971
Buddy - As I understand it, Friday was the last day to be a shareholder of record and to purchase shares for a reconciliation date of May 18th. It has nothing to do with the share swap date. Once a ratio is determined, X number of shares will represent 22% of Centacom and roughly 1.5 billion shares of QASP. If all QASP shareholders go for the swap (PP) then all 22% will be utilized. If not, what remains will be put back in the treasury. Details are being worked out. As stated in correspondence from the stockswapgroup, "Once the trust is established, all of the contacts submitted here will be turned over to the legal team where it will be handled professionally and confidentially." Although some seem to have issues with this shareholders group, I for one am confident that they are simply facilitating the flow of communication in the early goings of the process and I welcome their help.

Makamai

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.