InvestorsHub Logo
Followers 136
Posts 5882
Boards Moderated 0
Alias Born 11/10/2009

Re: SuperNova$ post# 8874

Monday, 02/27/2012 9:12:31 AM

Monday, February 27, 2012 9:12:31 AM

Post# of 139609
Bridge, regarding the Divy, I will give you an example of one I went through in Dec 2011. Everyone was waiting the announcement just like we are now. When the record date was released, it was 15 days from the announcement date. For that two week period of time it went crazy. There was a six month restriction on those Divy shares so I will not be able to trade them till May 2012.

One note, there is a " Settlement " period. If the record date is March 1st, and you are buying online, you have to buy in by Feb 28th for your shares to settle by the 1st and qualify for the Divy.

CMGO Divy seems to be if you have 1,000,000 shares of CMGO by record date, you will receive 50,000 in AudioEye.

I am not sure if there is a restriction on these shares. Anyone??

IMO