Wednesday, November 06, 2013 9:10:59 AM
When they say "shares are quoted as non ex", they are consider a "worthless stock", they are not a divi. Hence why there is no ex divi date. You have to hold onto your LVGI stock until 4PM Fri Nov 8, 2013 in order to keep your shares of "GEAR" Come Monday you are able to buy/sell LVGI and still keep your "GEAR" shares.
Basically they explained like this, The company, insiders and any 3rd party that is directly/indirectly affiliated with LVGI have an inside look. They know what shares of LVGI are astrick(which means, they know who is buying or selling LVGI that has "GEAR" shares attached to it and are trying to buy back all them shares of LVGI w/ GEar shares back. That would probably be BMAK/VERT. Friend said they knock down price(OFCOURSE) and sell you shares or normal LVGI w/o gear and sit on the bid side waiting for sells that have LVGI w/ gear shares and buy them, then come off or move down on the bid side when there is just normal LVGI w/o Gear shares being sold.
They are trying to buy back all LVGI w/gears shares, so when the company in the future does do an IPO can set the price accordingly to how much shares are being held from us. The more shares the company can get back the higher the ipo can be valued at.
Hopefully I explained that well for every1
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