Friday, April 06, 2012 3:35:34 PM
I asked Black this same question in an email earlier in the week, no response yet. Its a good point, though; It would seem like giving the special distribution of INAR shares to those HNSS shareholders as of the PR release would be a better option than to set the ex date at April 30th. This lets flippers come in and buy a few days before the end of the month and then dump their shares on May 1. These guys can invest minimal capital for a short amount of time and end up with free shares, I would much rather have the guys already invested in Healthnostics be rewarded for their conviction in Black's ultimate success.
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