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just1fl

04/28/06 12:02 PM

#3113 RE: kmanso #3112

Since SSTY dividend is going to be on approx 19:1 split and given there are currently insufficient shares of ONTV/TPID to go around I'm GUESSING there will be a forward split of say 10:1. So based on the pps on the forward split being .34 then your .034 would be correct for after the split.

After the forward split is complete we'll be getting our dividend shares which should be 19:1, about 52,632 shares of ONTV if you owned 1,000,000 shares of SSTY before the Ex-Dividend date, which still hasn't been determined yet. Oh yeah don't forget about the restriction of trading these shares!

So now one can see why SSTY pps isn't rising. Now given the pps of ONTV is changing daily one can only speculate on the pps of ONTV on the Ex-dividend date for SSTY.

I would expect SSTY if and when SSTP makes it back to AN exchange to pop up porportional to the 7.5% override on contracts.

Of course all this is best guess! Take it for the pennies it is worth. LOL