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VeronicaFox

11/16/16 9:43 AM

#97000 RE: THall #96997

The Form T dilution we've been seeing on TPAC is at an "AVERAGED" price so it is no mystery, one can easily see the block fee deducted resulting in a five or six-digit Form T. It is called Arbitrage, in this case the Broker Dealer creates their spread and then agrees with their customer upon an acceptable percentage, usually -1.5% on their transaction.