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Re: litton51 post# 57298

Tuesday, 08/28/2012 9:34:33 PM

Tuesday, August 28, 2012 9:34:33 PM

Post# of 60938
I am not too worried about the potential for 'multiple' deposits being made through our old shares - if revenues are generated in some way.

I have some of what they call 'escrow' shares associated with a bankruptcy case (now out of BK, a Ch11) where the old shareholders got pro-rated shares in the emerged company (a former bank holding company) and escrow/tracking shares that (if certain levels of liquidiation of old company assets are reached) will up to quarterly deposit cash into my trading account. Got one 'escrow' share for each old share I held in the original company.

They (the escrow shares) will exist for up to 3 years while this happens and don't wink out after a single payment (if such are recieved).

My guess - same thing could/should be able to be done via our old shares and the spaceholders we have for those. Could be paid like a dividend - as I understand it.

Disadvantage with being paid out like a dividend is that it probably counts as income rather than capital gains. My point - if the lawyers want to set it up to funnel multiple payments,... then they can do so.

“The two most powerful warriors are patience and time.”
- Leo Nikolaevich Tolstoy

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