I may be the stupidest dog on the block but I will try on this board also - here is my reply to E-Trade saying I am not to receive my shares as I purchase on the 19th and not on the 13th. Please let me know if I should change this reply - I may be a little hot and not have everything straight. The original response from E-Trade is below this Reply- Thank you all in advance - Werry Wissed Off D0g who isn't feeling real lucky right now...
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My first draft Reply to E-Trade
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WHAT? I cannot believe you are serious! - I will have 100+ investors send you verification that they indeed purchased on the 19th or 20th and have already received their dividend shares through other brokers. I think you might want to check your dates again.
Payable are all due bills attached to the shares that where purchased 5/20 and prior. I purchased on the 19th. The company made the mistake of not following the rules - there is no date registered as a date the board decided to offer a dividend and the payment date of record is prior to the Ex Date.
Record Date is not the date at which a dividend is payable - If you buy a dividend paying stock one day before the ex-dividend you will still get the dividend, but if you buy on the ex-dividend date, you won't get the dividend.
Here are the Dates -
GVRP - GLUV Corporation New Common Stock
Declaration Date: --
Ex Date: 05/23/2005
Record Date: 05/13/2005
Payment Date: 05/20/2005
Dividend Type:
Stock Dividend or Split Dividend Amount: 3,000,000-1 stk
Notes:
Due Bill Redeemable Date: 05/25/2005
Please submit your reply and my due shares as soon possible.
XXXX
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Here is the BS from E-Trade
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-----Original Message-----
From: custemail@etrade.com [mailto:custemail@etrade.com]
Sent: Friday, June 24, 2005 4:32 PM
To: XXXX@surfcsi.com
Subject: GVRP - demand buyin r40eit
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Dear Mr. XXXX,
Thank you for your email regarding GVRP. I apologize for the confusion in this matter. Your 35 shares were purchased on 5/19/05. Unfortunately, you are not due the shares from the split because you did not own the shares by the record date, 5/13/05. Let us know if there is anything else we can assist you with.
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