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Re: Joefyffe post# 49804

Monday, 07/08/2013 7:33:47 PM

Monday, July 08, 2013 7:33:47 PM

Post# of 148335
I think the way it is, is that tomorrow i the last day to buy and get the Divy, and if you sell before the divvy is distributed you don;t get divvy and buyer doesn't get divy. Buy MM's who don't cover by EOD tomorrow will owe Divy shares as well as the shorted shares.

Bottom line is this directly from t he company via PR on july 1st:

The board has fixed the close of business on Friday July 12, 2013 as the record date for
determining the stockholders eligibility to receive dividends.The board of directors will
determine the date of issuance at a later date.

JULY 12 is the ELIGIBILITY DATE FOR THESE DIVIDENDS! 164-1 RATIO!!
!

So to get the Divy your purchased shares have to clear by the EOD on the 12th making tomorrow the last day you can buy VDSC and get the Divy.


DC