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strongtower

08/18/06 4:36 PM

#281 RE: bman #280

This will be a great divi. GAMN is now traiding at .90 if you own 100 shares of FCCN you will receive 1 share of GAMN. If you buy on aug. 25 and sell aug. 28 that morning. you are ensured to get divi.

DALLAS, Aug. 16, 2006 (PRIMEZONE) -- The Great American Food Chain, Inc. (Other OTC:GAMN.PK - News), a restaurant holding company and concept developer, announced today that it has completed the acquisition of 90% interest in the Kokopelli Franchise Company, LLC, owner of Kokopelli Fresh Mexican Grill concept, from Franchise Capital Corporation (Pink Sheets:FCCN), in exchange for 720,629 of common stock in GAMN. Under terms of the agreement, all shareholders of record of FCCN stock as of August 31, 2006 will receive a dividend of 1 share of restricted common stock in GAMN for every 100 shares held in common stock of FCCN.


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strongtower

08/18/06 4:39 PM

#282 RE: bman #280


Read this article from investopedia about how divi's work.

As you can see by the diagram above, if you buy on the ex-dividend date (Tuesday), which is only two days before the date of record, you will not receive the dividend because your name will not appear in the company's record books until Friday. If you want to buy the stock and receive the dividend, you need to buy it on Monday. (When the stock is trading with the dividend the term cum dividend is used). But, if you want to sell the stock and still receive the dividend, you need to sell on or after Tuesday the 6th