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Re: EP$$ post# 8930

Tuesday, 10/25/2011 3:48:57 PM

Tuesday, October 25, 2011 3:48:57 PM

Post# of 43290
Hello Madman. So nice to hear from you. Regarding your question: it is not 100 certain that TDCP will wait until April 2012 to do their r/s. Technically, they can do it anytime now. however, if TDCP does their r/s the way most companies do it, then they will not do the r/s until the April 2012 time frame. As you know the deadline is April 30, 2012. Most companies wait until the last possible moment. Thus, there generally is a long period of time between the time for approval for the r/s and the actual time it is done. In our case that would be six months or so (from October 2011 to April 2012.) Also, just before the r/s, most companies will give a final notice of about 2 weeks or so before the r/s and give the actual date the r/s will occur. So for example, say the deadline was November 30, 2011 to do the r/s. Then sometime right about now (in late October), they will issue a press release and state, the r/s will take effect November 15th, 2011. In our case, we can expect some final notice in late March or early April 2012. Clearly, a r/s right now, today would be a joke. TDCP must work to get the pps back up before the r/s to make it worth it. I am confident the pps for TDCP will be much higher by the time the r/s occurs. Good luck my friend.
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