omg, come on... how could you forget "Lorraine" !?
Posted by: Jim Bishop In reply to: Jim Bishop who wrote msg# 44403 Date:5/18/2005 11:04:15 AM Post #of 85343
GVRP conversation with Lorraine at Interwest.
Lorraine confirms there are 33 million outstanding today. To make long story short, they adjusted their system for the 3 million F/S last Friday the 13th which is record date.
I told her that is wrong, that the F/S doesn't actually take effect until Ex Div date and NASD has set that date as May 23rd, Monday. She said, "that's not how we do it".
LOL I said, well that's how NASD does it and anyone selling those shares before Ex date, sells the split shares too.