Replies to post #6 on Freedom Financial Hldgs. Inc. (FDVA)

[Enterprising Investor]

As Don Meredith used to say on MNF, "Turn out the lights, the party's over".

All shareholders of record as of December 12, 2014 will be eligible to participate in this rights offering.

An investor would have needed to purchase FDVA on or before 12/09/14 to participate. Luckily, I loaded up on 12/02/14.

I thought something like this might happen.

[Enterprising Investor]

[From the Department of Corrections]

Freedom Bank Announces Details of $3 Million Rights Offering (12/18/14)

[Enterprising Investor]

Rights Update/Clarification

Each subscription right entitles the holder to purchase one Unit, which consists of five shares of common stock and one warrant to purchase a share of common stock for up to two years in the future at $9.00 share, making the total subscription price $45.00 per Unit.

Each holder of record on 12/12/14 will receive one right for each 60 shares owned.

Shareholders who own outstanding warrants may surrender them for a credit of $.64 per warrant surrendered toward shares purchased in the rights offering.