Dividend Plays

[timhyma]

You have a VP of a bank running the trust, that has less than 2% of insiders having interest in the coampny.

They claim to have a book value of $58, but vary little cash.

No website, no employee head count (according to Yahoo)

Then- some fuzzy math:

On March 19, 2013, Company disposed of 1,288,456 ECT Common Units as a result of its offer to exchange up to 3,197,385 outstanding depositary units of Eastern American Natural Gas Trust for up to 4,120,059 outstanding ECT Common Units (the "Offer") upon the terms and conditions set forth in the prospectus (the "Prospectus"), dated and filed with the Securities and Exchange Commission (the "SEC") on February 13, 2013 (File No. 333-185397), and the accompanying letter of transmittal included as an exhibit to the Tender Offer Statement on Schedule TO filed by the Company with the SEC on February 13, 2013 (File No. 005-81162), as amended. The Offer expired on March 13, 2013 and settled on March 19, 2013.

Way to complicated for me- I'll pass